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What will be the outcome of Thames Water's financial restructuring by end of 2025?
2
Resolution / Starting Odds
Successful restructuring • 25%
Partial restructuring • 25%
No restructuring • 25%
Insolvency • 25%
Official announcements from Thames Water or financial reports
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.
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Successful restructuring • 25%
Special administration • 25%
Nationalization • 25%
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Successful restructuring • 25%
Partial restructuring • 25%
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Partially Restructured • 25%
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Proposal Withdrawn • 25%
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Fully secured • 25%
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