Thames Water could be blocked from new debt financing next week
by Alex Lawson from World news | The Guardian on (#6R40B)
Troubled firm has until 7 October to agree to extension, according to holding company accounts
Thames Water has said it could be blocked from raising new debt as early as next week, as the struggling water company fights for its survival.
The debt-laden company, which is facing the prospect of a temporary nationalisation if it collapses, has until 7 October to agree an extension to much-needed financing, according to accounts for its holding company.
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