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CLARA MOSCHINI

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Alitalia: extension of the bridge loan until the purchase of the carrier

The deadline is the June 30, 2019

According to the draft of the decree law for the extension of the bridge loan for the Alitalia carrier, which will be issued next Wednesday during the Council of Ministers, the deadline for repaying the 900 million euros (plus interest) lent by Italian State will be fixed "within 30 days from the effective effectiveness of the sale of the company". However this can not go "beyond June 30, 2019". A decree that allows both to be certain that the Government will extend the bridging loan despite the unfavorable opinion of the European Union, whether the intention is to close the sale to the State Railways no later than next May 30.

M/A - 1216675

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