Thames Water Kemble Debt Talks In Limbo as UK Vote Called


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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