Global Trade Alert
Global Trade Alert

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

Announcement

24 May 2020

On 24 May 2020, Watches of Switzerland, a British retailer of Swiss watches, announced entering into a GBP 45 million loan facility agreement through 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

24 May 2020

Revocation date:

No revocation date

Updated: 24 May 2020
Loan guarantee In force

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 Busine...

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