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Will Thames Water raise £3 billion in emergency funding by March 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Thames Water or 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.
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