Decree Law so called. “Liquidity Decree”

Decree Law no. 23 of April 8, 2020 (“Liquidity Decree”)

Finanziamenti alle imprese e sostegni all’esportazione ed all’internazionalizzazione

In order to preserve the liquidity of all Italian companies that were “in bonis” as at 31/12/2019, have no impaired exposures to the banking sector and have suffered the consequences of the Covid-19 pandemic, SACE S.p.A. explicitly guarantees, on first demand and irrevocably, new loans with a duration not exceeding 6 years granted by December 31, 2020 by banks, national and international financial institutions and other entities authorized to exercise credit in Italy.