Ongoing Thames Water Struggles Cost Institutions

Posted on 04/02/2024

Thames Water’s parent company bonds dropped to new lows as the UK government stands by to slow the tide. Kemble issued a £400 million bond which promptly slumped, after shareholders withheld on plans to place £500 million into the company days ago. Kemble is expected to fail to pay £190 million in debt this month.…

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