– 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.