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. Technipfmc was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 410 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
Announced: 25 Jun 2020
Debt purchase
In force
On 25 June 2020, the Bank of England announced that Technipfmc was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facility (CCFF) scheme. ...
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Related State Acts
Announced: 09 Jul 2020
United Kingdom: Bank of England announces that the outstanding debt held by the CCFF from Technipfmc increased by USD 358 million on 9 July 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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