On Friday, Thames Water Utilities Finance PLC (TWUL) provided an update on the previously announced liquidity extension transaction. The transaction, which was initially launched on October 25, 2024, aims to enhance the company's liquidity position. The latest details on the transaction were made available to the public via the London Stock Exchange (LON:LSEG) website.
TWUL, a subsidiary of Thames Water Utilities Limited, is moving forward with its liquidity extension transaction and has also entered into a transaction support agreement. This step is part of the company's broader strategy to manage its financial structure and ensure sufficient liquidity. The announcement of the update follows the original launch of the transaction in October.
Investors seeking further information regarding the liquidity extension transaction have been directed to contact Frederick Maroudas, Director of Corporate Finance at Thames Water. Maroudas can be reached through the company's dedicated email for debt investor relations. Media inquiries are being handled by Suvra Jans, Head of Media Relations, who is available for comments and further clarifications.
The information regarding the update was disseminated by RNS, the news service of the London Stock Exchange. RNS is recognized by the Financial Conduct Authority in the UK as a Primary Information Provider. The terms and conditions for the use and distribution of this information are applicable, and interested parties are advised to review these when seeking further details on the liquidity extension transaction.
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