Among the legislative measures approved by the Italian Government to support the financial indebtedness of corporates in the face of COVID19, ... the State guarantee made available through SACE S.p.A. ("SACE") is mainly...more
7/4/2020
/ Banks ,
Bonds ,
Coronavirus/COVID-19 ,
Corporate Financing ,
Debt Financing ,
Debt Instruments ,
EU ,
Italy ,
Lenders ,
Leveraged Finance ,
New Legislation ,
Popular ,
Private Funds ,
SACE Guarantee Scheme ,
State Aid
In a recent judgment (No. 12777/2019 published on 22 March 2019, the "IBLOR Judgment"), the Fifth Criminal Section of Italy's Supreme Court of Cassation ruled the illegality of a fronting structure, where an Italian licensed...more