Loading...
Market
How will Thames Water's market position change by the end of 2025?
2
Resolution / Starting Odds
Improved market position • 25%
Stable market position • 25%
Deteriorated market position • 25%
Unchanged market position • 25%
Market analysis reports and financial news outlets
Story
Thames Water Secures 75% Creditor Support for £3 Billion Emergency Funding Deal and Rescue Plan
Nov 13, 2024, 07:08 AM
Thames Water has secured vital backing from its creditors, with 75% of Class A bondholders supporting a funding deal. This approval is crucial for the company as it seeks to raise £3 billion in emergency funding to stabilize its financial position. The support from creditors marks a significant step forward for Thames Water's rescue plan, which aims to address ongoing financial challenges and ensure the continuity of its operations.
View original story
Similar markets
Majority ownership by consortium • 25%
Majority ownership by single entity • 25%
No change • 25%
Other • 25%
Successful restructuring • 25%
Special administration • 25%
Nationalization • 25%
Other outcome • 25%
Successful restructuring • 25%
Partial restructuring • 25%
No restructuring • 25%
Company takeover • 25%
Successfully Restructured • 25%
Partially Restructured • 25%
Restructuring Failed • 25%
Plan Abandoned • 25%
Fully Secured • 25%
Partially Secured • 25%
Not Secured • 25%
Proposal Withdrawn • 25%
Upgrade • 25%
Downgrade • 25%
No change • 25%
Rating withdrawn • 25%
Debt reduced by more than 10% • 25%
Debt remains about the same • 25%
Debt increased by less than 10% • 25%
Debt increased by more than 10% • 25%
Yes • 50%
No • 50%
0-20% • 25%
21-40% • 25%
41-59% • 25%
60% or more • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%