Italy's state-backed loans pose restructuring headache [Yahoo! Finance]
INTESA SANPAOLO S/ADR (ISNPY)
NASDAQ:AMEX Investor Relations:
group.intesasanpaolo.com/scriptisir0/si09/investor_relations/eng_wp_investor_relations.jsp
Company Research
Source: Yahoo! Finance
the COVID-19 pandemic and energy crisis is proving complex, hampering efforts to fix some companies' debt problems, restructuring experts said. Under successive emergency measures since 2020, Italy has extended guarantees on 189 billion euros ($205 billion) of bank loans. The state guaranteed small loans in full through its Fondo di Garanzia fund run by state-owned bank MCC, and 70% to 90% of larger ones through credit export agency SACE, effectively allowing banks to shift significant credit risks onto taxpayers. Economy Minister Giancarlo Giorgetti on Wednesday said it was time to gradually return to normality after what he called a massive state intervention, adding that the significant sums set aside to cover future guarantee payments appeared adequate. However, how the guarantees are dealt with when borrowers start running into trouble has implications for the survival prospects of the companies involved. Addressing a company's debt problems in a timely manner increases
Show less
Read more
Impact Snapshot
Event Time:
ISNPY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ISNPY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ISNPY alerts
High impacting INTESA SANPAOLO S/ADR news events
Weekly update
A roundup of the hottest topics
ISNPY
News
- Italy's Intesa Sanpaolo, Coima sign real estate deal [Reuters]Reuters
- Intesa Sanpaolo: A Good Bank In A Bad Macro Picture [Seeking Alpha]Seeking Alpha
- NHK Cosmomedia America, a subsidiary of NHK, taps Cleeng's subscriber retention management suite for its new D2C streaming service [Yahoo! Finance]Yahoo! Finance
- Italy's state-backed loans pose restructuring headache [Reuters]Reuters
- New vFunction Advancements Streamline Technical Debt Management with Intelligent Prioritization [Yahoo! Finance]Yahoo! Finance