Fitch Cuts Thames Water Parent Kemble to Two Steps Above Default bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The parent company to the UK’s biggest utility firm saw its bond prices slump deeper into distressed territory after Fitch Ratings cut its rating to two steps above default. Most Read from BloombergApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesKim Jong Un Faces Annihilation in Most Korea War ScenariosTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionTSMC Facilities to Resume Production Overnight After QuakeA Million Simulations, One Verd
Thames Water wants to raise prices 40%, spill more sewage and not be fined - after lining shareholders' pockets standard.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standard.co.uk Daily Mail and Mail on Sunday newspapers.
Thames Water has been engulfed in crisis and faces potential nationalization after its shareholders last week refused to pay up to help stabilize its finances.
Thames Water, the troubled
British utility, on Thursday had the credit ratings cut on its
debt and its holding company s debt by two ratings agencies,
sending the value of the bonds down sharply. . -April 04, 2024 at 10:22 am EDT
- MarketScreener