News and Analysis
Thames Water creditors willing to turn taps on supporting equity raise
- Bianca Boorer
- +Will Macadam
- + 1 more
•5 min read
Thames Water’s largest creditor group is willing to provide senior interim financing if required during its equity raise process, which is due to kick off by the beginning of September, sources familiar told 9fin.
The company is hoping to receive final equity bids by the beginning of 2025, the sources said. The equity raise is part of the group’s effort to raise liquidity, given the current shareholders have withdrawn their support.
