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Thames Water, Creditors Offer Pimco a Compromise on New Debt

Thames Water and some of its creditors have offered Pacific Investment Management Co. a compromise in exchange for the asset manager’s endorsement of a deal to raise £2.4 billion ($3.2 billion) of additional rescue debt.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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