Thames Water's creditors, including Elliott and BlackRock, are engaged in a dispute over a £3 billion deal. The disagreement centers around the terms of the agreement, with some parties seeking modifications to ensure better returns on their investment. The situation highlights the complexity of large-scale financial transactions and the importance of thorough negotiation.

Source: https://www.bloomberg.com/news/newsletters/2024-10-26/thames-water-creditors-including-elliott-and-blackrock-in-fight