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EasyJet borrows £600m from govt's Covid Corporate Financing Facility

Air
Jennifer Morris
6 April 2020

EasyJet has taken advantage of government relief amid the coronavirus crisis with the issuance of £600 million of commercial paper (a short-term debt instrument) through the Covid Corporate Financing Facility (CCFF).

EasyJet aircraft (Credit: Frederick Tubiermont/Unsplash)

The airline said it continues to “focus on maximising liquidity in the event of an extended grounding period”.