Potential legislation change to aid Italian PP market

By Kathleen Gallagher
19 Jun 2014

A proposed change in Italian legislation could open the euro private placement market to unlisted Italian companies, Italian lawyers told GlobalCapital this week. The borrowers are unlikely to be short of demand as investors will snap up their paper, according to medium term note dealers.

The measures are intended to facilitate private placements by Italian issuers, a lawyer said. Italian firms of all sizes, ranging from SMEs to larger corporations, which are privately owned and unlisted will profit from the changes, the lawyer added.

After the alteration bonds will no longer need ...

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