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0.000314762354422348 0.000157381177211174 0 0 -0.0014164305949009 -0.00314762354422416 -0.00440667296191377 0.000944287063267157
Stock impact report

UPDATE 1-Amid UK election talk, Thames Water adds nationalisation clause to bonds [Reuters (UK)]

PPL Corporation (PPL) 
Last ppl corporation earnings: 2/14 08:00 am Check Earnings Report
US:NYSE Investor Relations: pplweb.investorroom.com
Company Research Source: Reuters
UPDATE 1-Amid UK election talk, Thames Water adds nationalisation clause to bonds - Reuters 4 Min Read (Adds Thames Water no comment) By Virginia Furness LONDON, April 12 (Reuters) - UK utility Thames Water has added a clause to its outstanding bonds ensuring lenders are paid back immediately should the company be nationalised, a move bankers say reflects growing unease about its status in the event of a Labour government. Labour leader Jeremy Corbyn has said he will nationalise Britain’s water, electricity, gas and railway operators should his opposition party win the next national election. With the political turmoil triggered by Britain’s protracted exit from the European Union increasing speculation about a snap ballot, lenders are increasingly wary about what a Labour government would mean for their utility investments, bankers and lawyers say. While references to nationalisation as an event of default in bond documentation for utility companies are not new, bankers say its speci Show less Read more
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