Announcement
03 Dec 2020
On 3 December 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 Meggitt increased by USD 13 million.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
03 Dec 2020
Revocation date:
No revocation date
Announced: 03 Dec 2020
Debt purchase
In force
On 3 December 2020, the Bank of England announced an increase in the total outstanding debt held by the Covid Corporate Financing Facility (CCFF) scheme issued by Meggitt. According to the announcemen...
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Related State Acts
Announced: 17 Sep 2020
United Kingdom: Bank of England announces that the outstanding debt held by the CCFF from Meggitt increased by USD 39 million on 17 September 2020
Announced: 02 Jul 2020
United Kingdom: Bank of England announces that the outstanding debt held by the CCFF from Meggitt increased by USD 89 million on 2 July 2020
Announced: 04 Jun 2020
United Kingdom: Bank of England announces that the CCFF holds an outstanding debt of USD 77 million from Meggitt 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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