Legal Insight

Coronavirus Mozambique: Impact on financing agreements

23/04/2020

The business financing sector is among those that could suffer the greatest impact due to the economic crisis that is expected to be the inevitable result of the global COVID-19 pandemic.

Debtors must analyse the information obligations contained in the financing agreement.
 
The presumed liquidity problems and loss of turnover that will be felt by debtors may lead to a breach of the financial ratios set out in the financing agreements.

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