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Thames Water, Creditors Offer Pimco a Compromise on New Debt
Source: Bloomberg
Credit & Bond MarketsM&A & RestructuringCompany Fundamentals
Thames Water and some creditors offered Pacific Investment Management Co. a compromise to seek its endorsement of a proposed £2.4 billion ($3.2 billion) additional rescue-debt deal. The article does not say whether Pimco accepted or whether the financing was completed.
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