Thames Water Creditors Pitch Improved Rescue Offer to Ofwat

Thames Water’s creditors have pitched an improved rescue offer for the troubled utility that includes a bigger equity injection and an increase in committed debt, according to a person with...

By Giulia Morpurgo · Bloomberg Markets

Thames Water’s creditors have pitched an improved rescue offer for the troubled utility that includes a bigger equity injection and an increase in committed debt, according to a person with knowledge of the matter.