The impact of Coronavirus: Dutch government guarantee regulation in connection with the Coronavirus outbreak (April 2020)
Client Briefings
Introduction
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On 28 April 2020, the Dutch Ministry of Economic Affairs and Climate published the regulation implementing the guarantee scheme in connection with the coronavirus outbreak (Garantie ondernemingsfinanciering uitbraakcoronavirus) (the "GO-C Regulation"). The GO-C Regulation is one of the (additional) economic measures taken by the Dutch government to help prevent liquidity shortages for companies in The Netherlands, such that companies with a healthy outlook can continue to be financed. Under the GO-C Regulation, the Dutch State provides guarantees for loans to companies. This briefing provides an overview of the main features of the GO-C Regulation as it stands on the date of this briefing, and subject to certain interpretation issues.
