Thames Water seeks investor consent for Tideway Tunnel

Thames Water this week launched a very large and complex consent solicitation on £5.788bn of its bonds, to prepare the way for the construction of the Thames Tideway Tunnel.
Barclays and Lloyds Bank are arranging the process, which is due to culminate in a series of votes on May 15.
The tunnel is a new, large sewer intended to stop the London sewerage system having to pour raw sewage into the Thames when it rains heavily. The ...Already a subscriber? Login