PARIS (Reuters) – The French government launched on Thursday a new guarantee scheme for quasi-equity debt to help small and mid-sized firms bounce back from the coronavirus crisis.
The following are the main details:
How does the guarantee work?
The government guarantee will cover 30% of the potential losses on a total of 20 billion euros in debt expected to be purchased by institutional investors such a…
Read the full article at: https://www.reuters.com/article/us-france-economy-loans-eu-launch-factbo/factbox-frances-new-quasi-equity-debt-scheme-to-support-firms-idUSKBN2AW13P
