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Global Trade Alert

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United Kingdom: N Brown Groups borrows GBP 50 million under the Coronavirus Large Business Interruption Loan Scheme

Description

On 19 May 2020, the N Brown Group, UK’s leading online retailer of clothing, footwear and homewares, announced securing GBP 50 million (USD 61.3 million) loan facility under the Coronavirus Large Busi...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 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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