The economic landscape has changed immeasurably as a result of the COVID-19 pandemic. Access to cheap credit has disappeared, and many companies have raced to draw down on existing facilities in an effort to access as much...more
6/12/2020
/ Borrowers ,
Business Disruption ,
Coronavirus/COVID-19 ,
Corporate Restructuring ,
Debt Restructuring ,
Economic Downturn ,
Insolvency ,
Investors ,
Legislative Agendas ,
Lenders ,
Liquidity ,
Relief Measures ,
UK
On April 3, 2020, the Chancellor announced the introduction of the Coronavirus Large Business Interruption Loan Scheme (CLBILS) to be made available to UK businesses with an annual turnover of between £45 million and £500...more