Italy’s New Rules to Facilitate Direct Lending

July 9, 2014

On June 24, 2014, the Italian Government adopted Law Decree no. 91 (the “Decree”) that, among other things, introduced various measures aimed at stimulating the Italian economy.

This memo outlines some of the measures contained in the Decree designed to increase the availability of non-bank debt financing to Italian companies and lifting certain tax obstacles to the access by non-listed companies to the international debt capital markets.