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Global Trade Alert

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United Kingdom: Ocean Outdoor receives funding under the Coronavirus Large Business Interruption Loan Scheme

Description

On 29 May 2020, the Ocean Outdoor Limited announced securing GBP 35 million (USD 43.2 million) funding facility in the form of term loan and revolving credit facility under the Coronavirus Large Busin...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 May 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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