- read more L’AGEFI Hebdo (paywall)
The French business magazine L’ AGEFI Hebdo reports on the leading German promissory note platforms and the development of the Euro PP market in France.
- read more on treasurytoday.com
treasurytoday.com cites the main reasons why digital platforms will change the primary market for debt: In addition to efficiency and security, the increased transparency is of great benefit to issuers and investors. This aspect has become even more important with MifID II.
Cologne – The credX platform is now operational. Right at the outset, Deutsche Telekom issued a promissory note loan with a volume of 50 million euros and a 10-year maturity to insurance companies of the AXA Group.
With immediate effect, issuers with good to very good credit ratings on the one hand and professional investors on the other can register. As members they can use the web-based platform to prepare, negotiate, conclude and manage the processing and settlement of debt issues and loans. As a neutral intermediary for private placement of bonds, promissory note loans (Schuldscheine) and credit, credX provides an alternative to the predominant placement and syndication via banks. read more