#ThamesWater credit ratings slashed to lower levels of #junk as default fears grow

#S&P and #Moody’s cut ratings by five notches on risk troubled company will run out of cash
https://www.theguardian.com/business/2024/sep/26/thames-water-credit-ratings-slashed-to-lower-levels-of-junk-as-default-fears-grow
#RenationaliseWithoutCompensation #England

Thames Water credit ratings slashed to lower levels of junk as default fears grow

S&P and Moody’s cut ratings by five notches on risk troubled company will run out of cash

The Guardian
Environment Agency considering legal action after sewage spill at Devon beach

South West Water could face prosecution after sewer burst at nearby treatment plant

The Guardian

Canadian export agency ‘hit by big losses after lending to #ThamesWater

State-backed body #EDC has reportedly sold at deep discount two loans made to debt-ridden #UK utility
https://www.theguardian.com/business/article/2024/aug/20/canadian-export-agency-edc-losses-thames-water-loans
#Canada #England #WaterCompanies #RenationaliseWithoutCompensation

Canadian export agency ‘hit by big losses after lending to Thames Water’

State-backed body EDC has reportedly sold at deep discount two loans made to debt-ridden UK utility

The Guardian