Covid-19: HMT updates CCFF guidance
Released 09 October 2020
The Government has introduced a new access review process for companies applying for support under the Covid Corporate Financing Facility (CCFF).
From 9 October 2020 firms will be asked to provide an up to date credit rating when requesting financing from the scheme. Where the firm’s credit rating has dropped below investment grade, the Treasury will ask for additional information before deciding the appropriate level of support.
Further information can be found at https://www.gov.uk/government/news/updates-to-the-covid-corporate-financing-facility.