Thames Water: Challenge to £3bn rescue deal dismissed
Source: BBC
Simon Jack & Faarea MasudBBC NewsReutersA £3bn rescue loan for Thames Water is set to go ahead after an appeal against the deal was dismissed.The troubled firm secured the rescue loan in February, to stave off the prospect of the debt-laden company coming under government control.But a small group of lenders had argued against the terms of the deal, while Liberal Democrat MP Charlie Maynard had argued that extra…
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