Foreign lenders key as Thames Water owner seeks more time to pay debts
ING, Allied Irish Bank and two Chinese banks are expected to agree extension on £190m loanThe Dutch bank ING and two Chinese state-owned lenders could play a crucial role in deciding the fate of beleaguered Thames Water, it has emerged.The banks are expected to agree an extension on a £190m loan to the parent company of Britain’s biggest water supplier, which is due to be repaid at the end of this month. Continue reading...
ING, Allied Irish Bank and two Chinese banks are expected to agree extension on £190m loan
The Dutch bank ING and two Chinese state-owned lenders could play a crucial role in deciding the fate of beleaguered Thames Water, it has emerged.
The banks are expected to agree an extension on a £190m loan to the parent company of Britain’s biggest water supplier, which is due to be repaid at the end of this month. Continue reading...