Announcement
25 Jun 2020
On 25 June 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 Schlumberger increased by USD 339 million.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
25 Jun 2020
Revocation date:
No revocation date
Updated: 25 Jun 2020
State loan
In force
On 25 June 2020, the Bank of England announced an increase in the total outstanding debt held by the Covid Corporate Financing Facility (CCFF) scheme issued by Schlumberger. According to the announcem...
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Related State Acts
04 Jun 2020
United Kingdom: Bank of England announces that the CCFF holds an outstanding debt of USD 192 million from Schlumberger on 4 June 2020
20 Mar 2020
United Kingdom: The government introduces the Covid Corporate Financing Facility (CCFF) for large businesses affected by the Coronavirus outbreak
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