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Thames Water asks creditors for more time to help repay £20bn debt pile

Troubled utility lobbies for deadline on part of the debt to be extended to March 2028 Thames Water has asked its creditors for more time to pay back billions of pounds in debt, as the water company scrambles to keep itself afloat. The UK’s largest water company said it had proposed an “interim” deal under which the…

Reported by The Guardian. We will add other newspapers as they cover it.

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  1. The GuardianUnited Kingdom

    Thames Water asks creditors for more time to help repay £20bn debt pile

    Troubled utility lobbies for deadline on part of the debt to be extended to March 2028 Thames Water has asked its creditors for more time to pay back billions of pounds in debt, as the water company scrambles to keep itself afloat. The UK’s largest water company said it had proposed an “interim” deal under which the…

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