Announcement
04 Jun 2020
On 4 June 2020, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. ABB Finance was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 512 million.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 Jun 2020
Revocation date:
No revocation date
Updated: 04 Jun 2020
State loan
In force
On 4 June 2020, the Bank of England announced that ABB Finance was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facility (CCFF) scheme. ...
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