Announcement
05 Oct 2021
In October 2021, the Spanish government approved a financial package in favour of Grupo Hoteles Turísticos Unidos S.A. The operation was issued under the Recapitalization Fund approved in July 2020 in response to the COVID-19 pandemic (see related state act).
Source
Sign in to access
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Oct 2021
Revocation date:
No revocation date
Updated: 05 Oct 2021
State loan
In force
<p>On 5 October 2021, the Spanish government published an agreement approving a EUR 51 million (USD 59.2 million) ordinary state loan in favour of <em>Grupo Hoteles Turísticos U...
Sign in to see more
Updated: 05 Oct 2021
Capital injection and equity stakes (including bailouts)
In force
<p>On 5 October 2021, the Spanish government published an agreement approving a EUR 190 million (USD 220.6 million) participative loan in favour of <em>Grupo Hoteles Turísticos ...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.