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High yield firms likely to explore UK state loan options

Rishi Sunak clapping from PA 17Apr20 575x375

The UK government has filled one of the last gaps in its offer of financial help to companies struggling with effects of the coronavirus, by removing the cap of £500m revenue, which had barred many medium-sized companies from accessing government loans — raising the possibility that high yield bond issuers could tap loans for a variety of purposes.

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