Bond giant Pimco sells bulk of Thames Water debt position

Sky NewsTuesday, October 28, 2025 at 8:50:00 AM
Bond giant Pimco sells bulk of Thames Water debt position
Pimco, a major bond fund manager, has sold a significant portion of its debt in Thames Water, which is currently facing a crisis and is seeking a private sector rescue to avoid temporary nationalisation. This move highlights the ongoing challenges in the utility sector and the financial strategies employed by large investment firms in response to market pressures.
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