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Top UK Stocks to Watch: JD Sports to smash profit expectations - Vimarsana News

Top UK Stocks to Watch: JD Sports to smash profit expectations

Top UK Stocks to Watch: JD Sports to smash profit expectations Joshua Warner January 11, 2021 9:29 AM JD Sports continues to defy the downturn in the retail market, Smith & Nephew sales are hit as procedures are postponed, Entain’s CEO is poached, and easyJet secures a new loan to survive the coronavirus pandemic. Share: JD Sports to beat profit expectations by over £100 million Leisure and sportswear retailer JD Sports said it expects to beat expec...

easyJet secures £1.4bn government-backed loan - Vimarsana News

easyJet secures £1.4bn government-backed loan

The deal is underwritten by a syndicate of banks and is supported by a partial guarantee from UK Export Finance under its Export Development Guarantee scheme.

IAG rejigs board following Brexit deal, BA gets funding - Vimarsana News

IAG rejigs board following Brexit deal, BA gets funding

Updated / Thursday, 31 Dec 2020 16:12 British Airways had received funding of £2 billion for a five-year term loan, which is partially guaranteed by UK Export Finance Aer Lingus and British Airways owner IAG said today it had changed the composition of its board to ensure a majority of independent EU non-executive directors following Brexit.  IAG's said the changes will ensure that its EU licensed airlines continue to comply with EU ownership and control rules after the UK leaves the European Union. The airline group said the "remedial" plans were approved by national regulators in Spain a...

Source: rte.ie
British Airways Gets Commitments For UKEF Guaranteed 5-year Loan Facility - Vimarsana News

British Airways Gets Commitments For UKEF Guaranteed 5-year Loan Facility

British Airways Gets Commitments For UKEF Guaranteed 5-year Loan Facility LONDON (dpa-AFX) - International Airlines Group S.A. (IAG.L) said Thursday that British Airways has received commitments for a 5-year term-loan Export Development Guarantee Facility of 2.0 billion pounds underwritten by a syndicate of banks, partially guaranteed by UK Export Finance or UKEF. UKEF, the UK's export credit agency, provides the Export Development Guarantee to support the working capital as well as capital expenditure needs of UK exporters upon meeting certain criteria. IAG said British Airways expects to d...