Thames Water Creditors in Talks to Group Up After Kemble Default

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Fitch Cuts Thames Water Parent Kemble to Two Steps Above DefaultFitch Ratings cut Kemble Water Finance Limited, the holding company of Thames Water Utilities Limited, to CC, or two steps above default.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Thames Water Parent Bond Falls to Record Low on Loan UncertaintyA bond issued by Thames Water Ltd.’s holding company Kemble Water Finance Ltd. slumped to a record low on Tuesday as uncertainty continues over a loan due next month.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Thames Water Price Hikes Are Unacceptable, Consumer Group SaysThames Water Ltd.’s investment plans are unacceptable because it’s asking customers to pay for past financial mistakes, according to an influential consumer group.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

UK Utilities Boost Sewage Spill Investment, But Not Thames WaterSix English water companies will spend a total £180 million ($231 million) to cut thousands of sewage spills, but Thames Water Ltd., the largest and one of the worst offenders, isn’t one of them.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

UK Watchdog Stalls On Fine That Threatens Thames Water’s FutureBritain’s regulator is stalling on a decision whether to fine London’s water supplier as the company plunges deeper into crisis.
Source: BNNBloomberg - 🏆 83. / 50 Read more »