Competing creditor group provides Thames Water with discounted emergency loan

Competing creditor group provides Thames Water with discounted emergency loan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter. A group of owners of Thames Water’s riskier class B bonds have offered to provide the utility with emergency financing that they say could cost £380mn less over 12 months than a deal the company … Read more

Trump acknowledges Cruz at Texas rally: ‘It’s unbelievable that he’s still competing’

Trump acknowledges Cruz at Texas rally: ‘It’s unbelievable that he’s still competing’

Former President Trump on Friday gave a shout-out to Sen. Ted Cruz (R-Texas), with the senator locked in a close reelection fight, during a rare campaign event in Texas. Trump traveled to the Lone Star State to deliver remarks in Austin on immigration and to record a podcast with Joe Rogan. “It’s hard to believe … Read more