Thames Water, the UK's largest water utility, announced on November 9 that it has launched a senior debt financing arrangement with creditor approval. The initial tranche includes £600 million (approximately 5.374 billion yuan) in new borrowing, extending the company's available liquidity runway to autumn 2027 to facilitate restructuring amid its ongoing financial crisis. The funding will support continued investment in pipe network upgrades and wastewater treatment infrastructure.

Thames Water currently carries approximately £200 billion (approximately 179.1 billion yuan) in total debt.

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