Resumen de Breaking down barriers to Italian DCM.
The article focuses on the Destinazione Italia Decree, a law decree issued by the Italian government, which seek to further develop a market on which corporate bonds, as well as securities issued in the context of securitisations, can be acquired and traded. Topics discussed include impact of the decree on the Italian high yield, project bond, real-estate finance, and securitisation markets, and amendments concerning the substitute tax and the privilegio speciale.
