Global Trade Alert
Global Trade Alert

United Kingdom: Bank of England announces that the CCFF holds an outstanding debt of USD 384 million from Orbia Advance Corporation SAB de CV on 17 September 2020

Announcement

17 Sep 2020

On 17 September 2020, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. Orbia Advance Corporation SAB de CV was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 384 million.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Sep 2020

Revocation date:

No revocation date

Updated: 17 Sep 2020
State loan In force
On 17 September 2020, the Bank of England announced that Orbia Advance Corporation SAB de CV was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Fina...
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