Thames refinancing raises leverage questions
- From: Vol 8, Issue 2 (February 2007)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Anglian Water, Kemble, Macquarie Bank, Royal Bank of Scotland, Southern Water, Standard & Poor’s and Thames Water
Macquarie has ambitious leverage targets for its new protégé. The outcome of the Kemble loan refinancing could have knock-on effects elsewhere in the sector.
Macquarie has ambitious leverage targets for its new protégé. The outcome of the Kemble loan refinancing could have knock-on effects elsewhere in the sector.
The group of financial investors that paid £8 billion for Thames Water last year will struggle to restructure the company along the same lines as highly geared companies in the sector.
The Kemble consortium, led ...
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