UK'S THAMES WATER SEEKS TO UNLOCK $1.12 BILLION IN ADDITIONAL FUNDING

Feb 12 (Reuters) - Britain's Thames Water said on Thursday that its creditors are launching a process to review the allocation of about 823 million pounds ($1.12 billion) in additional funding for the struggling water utility from their agreed options.

The debt-laden firm has drawn 1.43 billion pounds from an initial 1.5 billion-pound super senior liquidity facility, and has the option to draw another 1.5 billion pounds in two tranches.

($1 = 0.7331 pounds)

(Reporting by Raechel Thankam Job in Bengaluru; Editing by Sonia Cheema)

2026-02-12T09:18:05Z