Global Trade Alert
Global Trade Alert

United Kingdom: Bank of England announces that the outstanding debt held by the CCFF from Schlumberger increased by USD 339 million on 25 June 2020

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.

Source

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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

Announced: 25 Jun 2020
Debt purchase 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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