Eurostar Secures £250 Million Bailout After Collapse in Demand

Eurostar Secures £250 Million Bailout After Collapse in Demand
A Eurostar e320 high-speed train heads towards France through Ashford in Kent, UK, on May 18, 2021. PA Image
Updated:

Eurostar has secured a £250 million ($354 million) rescue package after warning it was “fighting for its survival” due to the coronavirus crisis.

The cross-Channel rail operator said it has reached a financing agreement with its shareholders and banks.