Thames Water Owner Kemble Defaults on £400 Million of Bonds
(Bloomberg) -- The holding company of Thames Water Ltd. defaulted on about £1.4 billion ($1.7 billion) of debt after failing to make an interest payment, in the latest escalation of the crisis at the UK’s largest water utility. Most Read from BloombergNY Area Hit by Biggest Quake in 140 Years; Flights DisruptedTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionZimbabwe Replaces Battered Dollar With New Gold-Backed Currency Called ZiGSaudi Crown Prince MBS’s $100 Billion Foreign Inve
Source: yahoo.com
