United States of America: U.S. Department of Treasury makes a loan of $700 million to YRC holding as part of the CARES ACT loan package for national security businesses (COVID-19)

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Description

On 8 July 2020, the U.S. Department of the Treasury approved a loan to YRC Worldwide Inc. having a total value of USD 700 million. The loan was granted under the Coronavirus Aid, Relief and Economic S...

Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Jul 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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