Moody's downgrades Thames Water's corporate family rating deeper into junk
ReutersJan 23, 2025 7:02 PM
Jan 23 (Reuters) - Ratings firm Moody's again downgraded Britain's Thames Water's corporate family rating (CFR) deeper into junk territory on Thursday.
The CFR of debt-laden Thames Water has been downgraded to "Caa3" from "Caa1". Last year, Moody's had downgraded Thames Water to "Caa1" from "Ba2", which is considered a junk rating.
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