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Legal Insight
Coronavirus Mozambique: Impact on financing agreements
23/04/2020The 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.
