April 29, 2024 09:37 GMT
Thames Water (Ba3): More Hedge Fund Buying Reported
UTILITIES
- The Times reports that funds including Anchorage, Sona, King Street, Sculptor, Centerbridge and Polus are said to be buying THAMES bonds.
- Said to be mainly class A debt. This follows reports of Elliot Management involvement last week.
- THAMES € spreads rallied 15bp on average last week.
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