The southern juice consists of £ 1.2 billion from Macquarie

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Macquarie will result in a part of the southern juice, which is southern water to southern water southwater southern water, which is cut off from half of the holding company, which has been cut off from half of the loans.

SouthernThe Australian owner will initially organize the company’s 655 million pounds of the company, which offers water and sewerage services in the southeastern England.

Macquarie intends to provide a minimum of £ 245 million to a minimum of £ 245 million, up to £ 245 million until December.

As part of the transaction, Macquarie also borrowed with lending with lending to Southern Water Holding companies, the group with lenders who will make significant hair on the risky financial institution.

It is a less cautious position than the southern Finance, Thames and the largest water program with Macquarie in Britain, which is still on a financially stressful companies listed by the regulatory regulator. It was pressured in debt markets, it is over concerns that the covenant can close.

South is also at the most popular beaches, including Brighton and the beaches of Brighton and Agstali, and after investing in years of investment, water shortages are at risk. The company has reviewed Its imported from Norwegian fjord.

Will be south by 2030 Lift annual customer bills Up to £ 222 to £ 642, the largest increase in the largest amount of water and sewerage companies privatized by the UK 11 and any of the regulators. This bill reaches the top of other inflation.

He applied to the competition of the South UK and the powers of the bare to help increase the powers of the markets over the next five years.

Meanwhile the company paid Chief Executive Lawrence Gosden £ 183,000 Bonus Last year, 79% of the total salary helps increase by 764,200.

On Tuesday, he was declared south that the debt in Holding companies will be reduced from 865 million pounds to 415 million pounds. There are two basic debt sitting in the middle holding company and sitting in the top holding company, respectively.

Investor Westbourne Capital, including Ares Management and Australian infrastructure, agreed in the Westbourne Capital owed up about £ 370according to a person familiar with the issue.

In return, the water company will invest in the form of a capital exchange similar to this bondholders, a capital exchange of capital sharing in the case.

In the average holding company, bondholders will not see any impairment on the nominal value of debts, the person said, but they agreed to change the terms of the debt and extend their maturity.

According to the announcement on Tuesday, the mats of the remaining debt facilities are extended until 2030.

Instead of using the new capital to spend a direct service debt, the writers are more common to use the capital structure to the heavy debt operating company rather than used.

In February, Macquarie’s southern south was injected to the south, he undertake to have a great deal of £ 650 mn.

“This additional capital investment shows that we believe in southern juice and its management group and the planned investment program will surrender for customers and environmental investment programs,” Martin Bradley, a large management director in Macquarie.