The amendment of the Antitrust Authority’s position follow previously published guidelines, concerning the terms under which institutional investors may cooperate in order to renegotiate the terms of corporate bonds, without having to receive an exemption for this cooperation from the Antitrust Authority. According to the amendment, the Antitrust Authority will allow institutional investors to cooperate in this matter either under the terms articulated in the previously published guidelines or according to customary antitrust laws. The newsletter explains the required terms under customary antitrust law.
