Thames Water Kemble Debt Talks In Limbo as UK Vote Called

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Talks between Thames Water Ltd.’s parent company and its creditors are effectively frozen after UK Prime Minister Rishi Sunak called a general election, people with knowledge of the matter said.

Creditors to Thames Water Kemble Finance Plc, the holding company for Britain’s largest water utility, had appointedBloomberg Terminal Moelis & Co. and Freshfields Bruckhaus Deringer to help manage debt talks with the company, but discussions cannot proceed without a business plan, the people said. That plan is now unlikely to come before the election, Bloomberg reportedBloomberg Terminal.

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