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United Kingdom: Watches of Switzerland, a British retailer of Swiss Watches, secures £45 million loan facility under the Coronavirus Large Business Interruption Loan Scheme

Description

On 24 May 2020, Watches of Switzerland, a British retailer of Swiss watches, announced entering into a GBP 45 million (USD 54.7 million) loan facility agreement through the Coronavirus Large Business ...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 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 Products

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