Scale for corporate bonds

Scale for corporate bondsDebt financing via Deutsche Börse's SME Growth Market

Scale for corporate bonds, Deutsche Börse’s segment for small and medium-sized enterprises (SMEs), offers an efficient opportunity to raise debt capital on an SME Growth Market.

Deutsche Börse's services support you in debt capital finance via the stock exchange: Deutsche Börse Capital Market Partners help you to prepare the step of going public and offer competent ongoing support while being public. Research Reports commissioned by Deutsche Börse ensure transparency and comparability and the special subscription functionality DirectPlace enables you to reach family offices, asset managers and retail investors.

A stock exchange listing creates financial scope for growth and innovation and increases the public awareness of your company.

Relevant target groups for Scale

  • German and European small and medium-sized companies (SME)
  • Companies, seeking capital for growth
  • Companies from all sectors or industries 
 

Scale is a segment of the Open Market admitted to trading on the Frankfurt Stock Exchange (FWB®). The requirements and follow-up obligations are set out in the General Terms and Conditions of Deutsche Börse AG for the Regulated Unofficial Market of the Frankfurt Stock Exchange. 

Our Services

Capital Market Partner

Capital Market Partner

Network of best experts advising you in preparation for listing and giving support with being public.
 

DirectPlace

DirectPlace

Increase your placement reach and benefit from a balanced mix of investors. We support your placement with our subscription functionality DirectPlace.

 

Marketing

Marketing

Deutsche Börse enhances your external com- munication on its web portals:

 

Overview of content

Key follow-up inclusion obligations

Certain obligations apply according to the Market Abuse Regulation and the German Securities Trading Act. The responsible authority for monitoring compliance with those follow-up obligations is the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin, German Federal Financial Supervisory Authority). In addition, issuers in Scale for corporate bonds must fulfil the follow-up inclusion obligations set by Deutsche Börse AG as outlined below:

  • Submission of the audited annual financial statements including the management report within 6 months after the expiration of the reporting period
  • Submission of the half-yearly financial statements including the interim management report within 4 months after the expiration of the reporting period
  • Submission of company or bond rating
  • Continuous updates and submission of the corporate calendar
  • Follow-up inclusion obligations are to be fulfilled in English or German
  • Conduct of an information event for analysts and investors at least once a year
  • Ad-hoc disclosures, directors' dealings, insider lists (by law) as well as notification of Deutsche Börse AG regarding significant changes concerning the issuer or included securities (by rules & regulations)
  • If not declared differently in the rules and regulations, all reports and documents must be submitted to Deutsche Börse AG via the Exchange Reporting System (ERS®).