Article 6KYCZ Australia’s Macquarie among lenders to Thames Water’s parent company

Australia’s Macquarie among lenders to Thames Water’s parent company

by
Julia Kollewe
from World news | The Guardian on (#6KYCZ)

Controversial investment bank could play important role in fate of Britain's biggest water firm

The Australian investment bank Macquarie, which has been criticised for its role in the privatisation of England's water industry, is understood be among lenders to Thames Water's troubled parent company.

The former Thames Water shareholder could, along with other lenders, play an important role in determining the fate of Britain's biggest water company, after its parent company Kemble Water Finance defaulted on its debt.

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