Participative Financial Instruments: What Opportunities?

Economic crises, debt restructuring and new “instruments” of solution     Participative financial instruments (the “Strumenti Finanziari Partecipativi – SFP”) have been introduced by Legislative Decree no. 6 of January 17, 2003 (the “Reform”) by amending the existing article 2346, paragraph 6, of the Italian civil code. This provision reads ”The company may issue financial instruments that… continua