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Thames Water asks creditors for more time to help repay £20bn debt pile

Troubled utility lobbies for deadline on part of the debt to be extended to March 2028 Thames Water has asked its creditors for more time to pay back billions of pounds in debt, as the water company scrambles to keep itself afloat. The UK’s largest water company said it had proposed an “interim” deal under which the deadline to pay off an unspecified portion of the £20bn of debt on its balance…

First reported by The Guardian 1 source
Image: The Guardian
Image: The Guardian
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  1. The Guardian

    Thames Water asks creditors for more time to help repay £20bn debt pile (opens The Guardian in a new tab)

    Troubled utility lobbies for deadline on part of the debt to be extended to March 2028 Thames Water has asked its creditors for more time to pay back billions of pounds in debt, as the water company scrambles to keep itself afloat. The UK’s largest water…

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