Banca Carige restructuring

8/1/2019

Restructuring

Status:

Announced

Date:

8/1/2019

Overview:

On January 2, 2019, Banca Carige was placed under temporary administration.
On the 8th, the Italian government approved the establishment of €1.3 billion fund to guarantee debt instruments issue by Banca Carige.

Rajeeb Gurung - Researcher

Jurisdiction:

Italy

Deal type:

Restructuring

Practice area:

Restructuring

Industry sector:

Banking

Firms:

Allen & Overy

Party: Malacalza Investimenti (Majority Shareholder)

Lawyer: Craig Byrne

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