Thames Water’s Debt Overhaul Enters Final Stretch: The Brink

Welcome to The Brink. I’m Giulia Morpurgo, a reporter in London, where I looked at the latest proposal made by creditors to overhaul Thames Water. We also have news on Kenya’s railway loans, Tricolor and Linqto. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.

Over to Ofwat

Thames Water is entering the final stretch of its debt restructuring process, more than two years after troubles first emerged.

Senior creditors last week submitted their final offer to take over the struggling UK utility in a bid to stabilize its shaky finances, weighed down by nearly ...