Global Trade Alert
Global Trade Alert

Spain: EUR 120 million in loans to Duro Felguera (COVID-19)

Announcement

09 Mar 2021

In March 2021, the Spanish government approved rescue loans in favour of Duro Felguera, S.A. The operations were issued under the Recapitalization Fund approved in July 2020 in response to the COVID-19 pandemic (see related state act).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

09 Mar 2021

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 9 March 2021, the Spanish government published an Agreement that approves EUR 120 million (approx. USD 142.6 million) in rescue loans in favour of Duro Felguera S.A. In particular, the operation is...

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