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 Owners to Start Restructuring Talks, FT Reports 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.
The crisis at Thames Water leaked out late on Wednesday as directors gathered for an emergency board meeting, some joining via video conference and others round a table at its London office.