Thames Water Creditors ‘Will Bid for Company Even if It Is Nationalised’ Thames Water, the UK's largest water company, faces a £17. 6 billion debt burden that threatens to overwhelm it.
The 100 institutional investors holding approximately £14 billion of Thames' senior debt are unwilling to let the company slide into nationalization without a fight.
They plan to pursue their bid for the company even if Prime Minister Andy Burnham brings it under temporary state control.