|
By Xavier GUZMAN, Partner – Finance and Restructuring, DLA Piper Luxembourg
A LIRE OU A RELIRE - Article publié dans le mensuel de FEVRIER 2023
In multijurisdictional financings, taking pledges over shares in a Luxembourg company can boost businesses’ access to fresh and cheap money. And it’s one of the things that makes the Grand Duchy so attractive. We (Joris Reinert and I) first wrote on this topic in November 2021 when the global health situation had weakened many companies and state aid repayments were due, accelerating the scrutiny of financial covenants. But the markets remained strong, and enforcements of security were limited until late 2022.
The recent geopolitical events, interest rates peaks and...
|