Global Trade Alert
Global Trade Alert

United Kingdom: Bank of England announces that the CCFF holds an outstanding debt of USD 64 million from ICL Group on 16 July 2020

Announcement

16 Jul 2020

On 16 July 2020, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. ICL Group was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 64 million.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Jul 2020

Revocation date:

No revocation date

Announced: 16 Jul 2020
Debt purchase In force
On 16 July 2020, the Bank of England announced that ICL Group was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facility (CCFF) scheme. A...
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