
British lender Barclays is selling Thames Water debt worth 236 million pounds ($319.9 million), Bloomberg News has reported, amid concerns the struggling water utility could be placed into special administration if it collapses.
The inflation-linked liabilities were put up in an auction, with bids due on August 14, the report said, citing sources familiar with the matter.
Thames Water declined to comment on the report, while Barclays did not immediately