Announcement
29 Oct 2020
On 29 October 2020, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. Worley UK Finance Sub was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 250 million.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Oct 2020
Revocation date:
No revocation date
Updated: 29 Oct 2020
State loan
In force
On 29 October 2020, the Bank of England announced that Worley UK Finance Sub was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facility (...
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Related State Acts
04 Mar 2021
United Kingdom: Bank of England announces that the outstanding debt held by the CCFF from Worley UK Finance Sub increased by USD 38 million on 4 March 2021
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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