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ARTICLE · 31 MARCH 2020

"Cura Italia" Decree Enacted—Measures Relevant For Financing Transactions

Jones Day
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The "Cura Italia" Decree introduces a number of urgent measures relating to certain financing transactions to mitigate the adverse economic impact of COVID-19 on individuals, companies, and financial institutions.

ItalyFinance and Banking
Marco Lombardi
Marco Lombardi
Francesco Squerzoni
Francesco Squerzoni
Vinicio Trombetti
Vinicio Trombetti
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In Short

The Situation: The coronavirus (COVID-19) pandemic is having an impact on businesses across various sectors in Italy.

The Action: The Italian government recently enacted the Law Decree No. 18 of March 17, 2020 ("Decree") implementing a number of financing transaction-related measures designed to mitigate the adverse economic impact of COVID-19.

Looking Ahead: Market participants must consider the provisions of the Decree to assess the impact on either existing or new financing transactions.

The "Cura Italia" Decree introduces a number of urgent measures relating to certain financing transactions to mitigate the adverse economic impact of COVID-19 on individuals, companies, and financial institutions. The measures include the following:

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