Announcement
04 Feb 2021
On 4 February 2021, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. Petrofac 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
04 Feb 2021
Revocation date:
No revocation date
Updated: 04 Feb 2021
State loan
In force
On 4 February 2021, the Bank of England announced that Petrofac was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facility (CCFF) scheme....
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