Italy looks to institutional investors to support its infrastructure financing - S&P's


Italy estimates its infrastructure needs between now and 2020 at about €340 billion. Recognizing that it can no longer rely on state and/or bank financing, the government introduced new laws in 2012 to stimulate investor appetite for infrastructure assets. These laws should help to bring the pricing of bonds nearer to that of bank loans and should, in our view, encourage issuers to raise or refinance their debt through the capital markets. 

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