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Financial Assistance to US Business Enterprises, States and Municipalities

By James Barresi, Stacy H. Krumin, Alethia N. Nancoo, Tom Reems, James A. Schneider, James C. Sivon & David Stewart on April 15, 2020
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This alert on the Federal Reserve’s new $2.3tr lending program deserves special attention as this program will be of interest to every business operating in the U.S as well as to States, municipalities and potentially other public entities.

It reports on guidance issued by the Federal Reserve on a new $2.3tr lending program (the first of several lending programs the Federal Reserve is expected to establish which will likely ultimately exceed $4tr in lending into the economy). When implemented, this new facility will, by far, represent the largest infusion of Federal support into the U.S. economy in history

The program is complex and we can help midmarket large corporate’s, lenders and securities underwriters, States and municipalities understand, evaluate, and if appropriate, pursue these opportunities.  To read the alert in full, click here.

Photo of David Stewart David Stewart
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  • Posted in:
    Banking, Finance and Securities
  • Blog:
    Restructuring Globalview
  • Organization:
    Squire Patton Boggs
  • Article: View Original Source

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