Practice Areas - Debt Capital Markets Law Firms and Lawyers
Deal Date: | 23-03-2020 | Practice Area: | Debt Capital Markets |
Deal Title: | H.M. Treasury - Covid Corporate Financing Facility | Industry: | Public Sector |
Description: |
Slaughter and May, working as an integrated team with Treasury Legal Advisers, advised H.M. Treasury on the Covid Corporate Financing Facility which was announced by the Chancellor of the Exchequer on 17 March 2020.
The CCF Facility was to be operated by the Bank of England on behalf of H.M. Treasury and was to address the potential economic impacts of Covid-19 by providing funding to companies making a material contribution to the UK economy by purchasing commercial paper of up to one-year maturity. Companies did not need to have previously issued commercial paper in order to participate in the CCF Facility. The CCF Facility was to operate for an initial period of 12 months.
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Financial Center: | London | Value: | 0.00-0.00 |
Advised Party: | Issuer | Law Firm | Slaughter and May |
Issuer Jurisdiction | United Kingdom | Listing Jurisdiction | United Kingdom |
Classification: |
Sovereign and Public Sector Bonds Government Agencies and Authorities |
Lawyer | Nilufer von Bismarck |