#Latest news with #equityFundingBloomberg3 days agoBusinessBloombergThames Under Pressure to Find a Rescue Plan After KKR Pulls OutThames Water is running out of options for the equity funding it desperately needs after preferred bidder KKR & Co. pulled out of a rescue deal. Thames is now focusing on talks with senior creditors, including Silver Point Capital and Elliott Management, who had been preparing their own plan. Moving forward with this option hinges on finding an agreement with the regulator Ofwat.
Bloomberg3 days agoBusinessBloombergThames Under Pressure to Find a Rescue Plan After KKR Pulls OutThames Water is running out of options for the equity funding it desperately needs after preferred bidder KKR & Co. pulled out of a rescue deal. Thames is now focusing on talks with senior creditors, including Silver Point Capital and Elliott Management, who had been preparing their own plan. Moving forward with this option hinges on finding an agreement with the regulator Ofwat.
3 days ago
