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1 May 2020, 2:11 am
Ordinance n°20171432, adopted on 4 October 2017 (the “2017 Ordinance“), introduced a new type of AIF into French law, the Organisme de Financement Spécialisé (“OFS“), which is permitted to acquire, grant and manage loans and is financed through the issue of shares, stocks or debt instruments (titres de créances). [read post]