United Kingdom: Bank of England announces that the CCFF holds an outstanding debt of USD 768 million from Intercontinental Hotels Group on 4 June 2020
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. Intercontinental Hotels Group was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 768 million.
On 4 June 2020, the Bank of England announced that Intercontinental Hotels Group was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facili...