Square Peg Round Hole: Reforms Needed to Revive Italian Project Finance

The recent placement of project bonds to finance Belgium’s A11 motorway made Italian lawyers wonder when it will be possible to structure a similar transaction under Italy’s national project bond laws. The asset class was introduced in Italy two years ago, with the aim of financing infrastructures and public interest services through bond markets rather relying solely on bank lending. Please click here for the full article released by IFLR.