Global Trade Alert
Global Trade Alert

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

Announcement

21 May 2020

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 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

21 May 2020

Revocation date:

No revocation date

Updated: 21 May 2020
Loan guarantee In force

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 Larg...

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