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flag Lenders propose £17bn rescue plan for Thames Water to overhaul debts and seek regulatory leniency.

flag Thames Water's lenders propose a £17bn rescue plan, including £3bn in new equity and £2bn in funding, aiming to overhaul debts and request a "regulatory reset" for leniency on performance targets. flag The plan, submitted to Ofwat, seeks to prevent worsening pollution, asset health, and customer service levels without increasing bills beyond approved limits. flag The proposal comes after KKR withdrew from a previous rescue deal.

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