Global Trade Alert
Global Trade Alert

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

Announcement

29 May 2020

On 29 May 2020, the Ocean Outdoor Limited, an operator of premium Digital Out-of-Home advertising announced receiving GBP 35 million funding under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 May 2020

Revocation date:

No revocation date

Updated: 29 May 2020
Loan guarantee In force

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 Bu...

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