Announcement
18 Feb 2022
In February 2022, the Spanish government approved a financial package in favour of Grupo Ferroatlántica S.A.U. The operation was 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
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
18 Feb 2022
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 18 February 2022, the Spanish government published an agreement approving a EUR 17.6 million (USD 19.9 million) participative loan in favour of Grupo Ferroatlántica S.A.U. The beneficiary is a Span...
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State loan
In force
On 18 February 2022, the Spanish government published an agreement approving a EUR 16.9 million (USD 19.1 million) ordinary state loan in favour of Grupo Ferroatlántica S.A.U. The beneficiary is a Spa...
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