To ask the Chancellor of the Exchequer, what assessment he has made of universities ability to repay loans under the Covid Corporate Financing Facility within the one-year repayment window.
8 June 2020
Universities will be treated in the same way as any other issuer under the Covid Corporate Finance Facility (CCFF). This means that universities that are both investment grade and make a material contribution to the UK economy are able to participate in the facility. We expect all issuers to repay in full.