GANADO Advocates advised on Marine Money’s Structured Finance and Innovation Deal of the Year. GANADO Advocates advised on the Maltese
News & Events
Malta’s financial services regulator, the Malta Financial Services Authority, has signalled its willingness to fast-track applications for structures issuing insurance linked securities, provided timeframes are agreed with participants in advance and accurate and complete information is provided at every stage of the structuring and documentation process.
The second issue of the Structured Finance Newsletter has been published and is available by clicking here.
A project to rationalise the bank debt of Enemalta Corporation, Malta’s state-owned single generator and distributor of electricity, finally came to fruition after a lengthy and intense commercial and governmental process leading to the transaction documents being signed on the last day of 2012. What the transaction parties dubbed “Project Vault” represented probably both the largest ever transfer of Government immovable property and domestically arranged debt financing in Maltese history.