Federal Council supports SBB to bridge liquidity shortfall
Bern, 1.7.2020 - During its meeting on 1 July 2020, the Federal Council decided to support the Swiss Federal Railways (SBB) to bridge an acute liquidity shortfall Owing to the COVID-19 pandemic, the company is temporarily in need of additional funds. For this purpose, it will be able to draw on an additional CHF 550 million in the form of a loan of up to one year at market interest rates. Previously, this limit was CHF 200 million.