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About: http://data.cimple.eu/news-article/c64fa0d1d71b5c3c86f598bcac9ef69dcffbbdb9a9f587db7cac0782 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Eurostar, operator of the trains that run under the Channel, has secured a 290-million-euro rescue package to keep it afloat while waiting for Covid-19 travel curbs to be lifted, the company said Tuesday. The company, which had been on the verge of bankruptcy, said the capital injection provided by its shareholders, including French rail operator SNCF, and associated bank loans would "secure Eurostar's future". Eurostar has lost nearly all its passengers to the coronavirus pandemic. Only a single Eurostar train is currently running daily between London and Paris and London and Brussels. Unlike national flag carriers, which have been bailed out by their governments, Eurostar, which is seen by the French as British and by the British as being French, failed to secure a state rescue package. The London-based company had been under pressure to secure a cash injection by the start of June. Its 250-million-pound ($352 million) refinancing package is made up of 50 million pounds in new shareholder equity, 150 million pounds in shareholder-guaranteed loans and 50 million pounds in restructured loans. Eurostar said the deal would help it meet its financial commitments in the "short and medium-term". The company plans to start running more trains between Paris and London over the summer. liu/cb/js/lth
schema:headline	Eurostar secures 290 mn euro rescue package: company
schema:mentions	Private equity SNCF Bankruptcy French language Paris London Pandemic United Kingdom Coronavirus Coronavirus disease 2019 Brussels-South railway station Eurostar Citizens band radio
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-18 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	81 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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