CMU: Proposed amendments to the Prospectus Directive (PD3) - Legislative proposals

​A detailed review of the potential impact of PD3 on market participants.

Following the publication by the European Commission on 30 November 2015 of legislative proposals to modernise the Prospectus Directive (PD), this article looks in detail at the proposed changes and assesses the potential impact of PD3 on issuers and market participants, with a particular focus on the Eurobond market.

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