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Global Trade Alert

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United Kingdom: On The Beach Group secures financing under the Coronavirus Large Business Interruption Loan Scheme

Description

On 21 May 2020, On the Beach Group Plc, UK-based travel retailer announced entering into a GBP 25 million (USD 30.6 million) revolving credit facility which is guaranteed under the Coronavirus Large B...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 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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