What are the juice?

Unlock the editor’s digestion free

FT editor Roula Khalaf, chooses his favorite stories in this weekly newsletter.

The future of the juice, the US Private Capital Company hangs on the balance sheet after KKR, He moved away from £ 4 billion For the problemal assistance program that serves 16 million people in London and around.

The next steps for the company fighting under a debt of £ 20 billion will be very important for trying to stop temporary nationalization.

Why did KKR get away?

The KKR evaluated two months A deal to save the juice of the juice, Both working on and out of 100 people outside and outside of a intensive study process in London.

However, in the end, this was recalled immediately after the process immediately after the process, which explains how a return of a return of Thames.

The KKR heads in New York will have to sign a billion pounds for people who are concerned about the regulation and political uncertainty around the UK’s water sector and close to the discussions.

The greatest water program of England is the fears installed around the volume of political intervention.

The weekend Prime Minister Sire Keir Starmer’s business adviser was not enough to get these concerns between Chandra and KKR’s co-founder Henry Kravis.

Thames recommended to declare the KR’s retreat on Tuesday, the government management, the management of the regulatory system for the water sector.

Will the creditors of the Thames are now a step?

Thames waters should now rely on his backup plan: the proposal of the reconstruction of large loans from the device £ 3 billion ambulance credit in March.

The company’s highest ranked “class” debt also presented a Thames Turnaround Plan for the Thamese Water and Sector regulator last week, which included a management team proposed to manage the fighting assistance program.

Thames Aquatic Classers are more than £ 17 billion, more than £ 20 billion and more than £ 20 billion, and as Aberdeen, USA hedge funds such as UK active managers. The lowest ranking class of the Communal is expected to be deleted in the reconstruction of further loans in Holding companies.

High bondholders reported that in the group, according to a group of liabilities to provide billions of pounds in new capital financing. By writing part of their debts, they will further strengthen the balance sheet of the communal.

Hair cuts depend on the level of discounts related to the same respects and other punishments, which may be in the range of 25 penins in pound.

Until £ 3 billion pounds, the utility should meet with certain conditions to continue drawing on the painting on finance, although the Utilities should be sufficient for next year.

Will other bidders return to the table again?

KKR and received a juice in March in March, in addition to the proposals of creditors The other five initial capital offer from a number of infrastructure investors.

The decision to reward the exclusive of the rival bidders, which ranks KK KK, as the CK infrastructure of Hong Kong Billionaire li ka-shing’s Wider CK Hutchison Group. Ofwat also annoyed the decision of other bidders to release other bidders from this process.

At least one of the previously jilted bidders, now looking for a way to return to the process Fortress water – Water supplier to enterprises – Tuesday, “Ready can move quickly to support the necessary financing with the necessary financing and providing them with the operation and financial support.”

Some asked if they were already possible to reopen the process of re-increasing the capital increase in the capital and increasing the capital increase. A close person, a person close to the discussions, said that it would be “very difficult” to repeat the broad efforts of the KKR, and the creditors have carried out in a fairway.

Can the juice be nationalized?

Assumptions related to the presumptive rescue of Thames, the Utilities in government and Wales will become the first water company to become a private management regime in 1989.

During this period, officials will appoint an administrator who led the UK government with a UK government to finance UK activities and providing services to work. If the government can return this money, if the waters are later sold to the private sector.

Thames flocked to a SAR this year and ran less this year. Creditors may predict the emergency loan, utility balance Think down up to £ 39mmft previously reported.

Although the ruling staff insisted that a temporary rhetorialism is insisted in the interests of taxpayers, it is under pressure from both sides of the political spectrum.

Charili Maynard, a liberal Democratic Deputy Thaham said that the company’s “end of the road” and the government is the time to take steps to the company.

“Creditors who collect billions of debtors to the community are now to sort this confusion,” he said.

UK Deputy Reform Leader Richard Tale, “For a pound” SAR “for a pound,” For a pound, “he said,” he said.

He said to Tice Commons: “Caveat Emptoru”.