Announcement
18 Jun 2020
On 18 June 2020, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. The Bank confirmed that the debt held by Honda Finance Europe increased by USD 45 million.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
18 Jun 2020
Revocation date:
No revocation date
Announced: 18 Jun 2020
Debt purchase
In force
On 18 June 2020, the Bank of England announced an increase in the total outstanding debt held by the Covid Corporate Financing Facility (CCFF) scheme issued by Honda Finance Europe. According to the a...
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Related State Acts
Announced: 04 Jun 2020
United Kingdom: Bank of England announces that the CCFF holds an outstanding debt of USD 96 million from Honda Finance Europe on 4 June 2020
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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