Announcement
19 Nov 2020
On 19 November 2020, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. Gatwick Airport was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 224 million.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
19 Nov 2020
Revocation date:
No revocation date
Announced: 19 Nov 2020
Debt purchase
In force
On 19 November 2020, the Bank of England announced that Gatwick Airport was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facility (CCFF)...
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Related State Acts
Announced: 25 Mar 2021
United Kingdom: Bank of England announces that the outstanding debt held by the CCFF from Gatwick Airport increased by USD 32 million on 25 March 2021
Announced: 21 Jan 2021
United Kingdom: Bank of England announces that the outstanding debt held by the CCFF from Gatwick Airport increased by USD 96 million on 21 January 2021
Terminated: 23 Mar 2021
United Kingdom: The government introduces the Covid Corporate Financing Facility (CCFF) for large businesses affected by the Coronavirus outbreak
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