Coronavirus: Moratorium on financing agreements

In the context of the COVID-19 pandemic, the Portuguese Government approved Decree-Law no. 10-J/2020, of 26 March (the "Decree-Law") which establishes a moratorium on certain financing agreements with a view to protect the liquidity of companies and families.

This briefing analyses the special legal regime of the moratorium on financing and discusses the following topics:

• Beneficiary Entities
• Affected Institutions
• Eligible financing agreements
• Moratorium
• Procedure for access to the moratorium
• Supervision and reporting duties
• State guarantees and mutual guarantees