The three pillars of Debt Management

New challenges are approaching for companies and entrepreneurs entering in the so-called phase 2 of the pandemic emergency caused by the Covid-19,

During the most difficult period of the crisis, the private economic interests have been set aside in order to safeguard public health, but with the re-openings of the productive activities, those interests are now resurfacing with a wide range of consequences to face.

Among all, the debt managements plays a crucial role for the stability of companies during the post-Covid-19 scenario. 

But, what are the main area of interests and novelties that one have to bear in mind? In the June issue of TopHic our experts analyse under different and interesting views the debt management, underlying tools, opportunities and new characteristics to be aware of.

 

Overview - Debt management as strategic lever to support recovery

By Sante Maiolica - Partner and CEO of GTFAS

With the end of the longest lockdown phase in the last 70 years, the majority of Italian companies had the chance to begin working again, at least partially. During the emergency period, most of the efforts made by the institutions obviously concerned public health and safety, “sacrificing”, in part, public and private economic and financial interests. The Liquidity and Relaunch Decrees started to band-aid a series of critical […]

 

Expert's opinion - The evolution of the Bank-Company-Advisor relation

By Marco Badiali - Co-Managing Partner & Head of Corporate Finance of Badiali Consulting - Staff Location Bernoni Grant Thornton.

The recent Law Decree 23/2020, turned into Law 40/2020, and better known as Liquidity Decree, introduces some supporting measures to ease the access to bank credit in favour of companies in distress due to the Covid-19 outbreak. Briefly, it provides for the possibility to access to “collateral” guarantees […]

 

Focus on - Debt management: possible solutions in the post Covid-19

By Gabriele Felici - Partner of Bernoni Grant Thornton

Starting from next semester, all companies – both those that already showed signs of crisis before the pandemic and those who started having difficulties following the lockdown – will have to deal with debt management and, particularly, with the payment of overdue debts. This implies the need to adopt a strategic approach and subsequently implement an economic and financial planning […]

 

TopHic et Nunc - The financial structure of SMEs from 2017 to date

by Sergio Montedoro - Partner of Bernoni Grant Thornton

Financial debt is impacting again on the financial statements of SMEs: this is the trend that we have been seeing over the last 4 years. The slow decrease in the recourse to financial debt registered by Italian companies (and most evidently by SMEs) starting from 2011 has shown a net turnaround starting from 2016 (+0.6%) ad confirmed an increasing trend, registering a growth by 1.7% in 2017 and 2.2% in 2018 […]