Scale for corporate bonds

Scale for corporate bondsSourcing outside capital for small and medium-sized companies (SME)

Scale for corporate bonds, Deutsche Börse’s segment for small and medium-sized enterprises (SMEs), offers an efficient opportunity to raise debt capital through the exchange.
Deutsche Börse's services support you with the sourcing of outside capital through the exchange: Deutsche Börse Capital Market Partners assist in preparing for the major step of entering the capital market and provide competent ongoing support and through the subscription functionality DirectPlace you are able to reach retail investors, family offices and asset managers.

The listing of corporate bonds creates strategic room for growth and innovation and increases your company’s public profile significantly.

Relevant target groups for Scale

  • German and European small and medium-sized companies (SME)
  • Companies, seeking capital for growth
  • No sector or industry specification
 

Scale is a segment of the Open Market approved by Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange). The admission criteria and follow-up duties are to be found in the General Terms and Conditions of Deutsche Börse AG for Participation in the Open Market for corporate bonds.

Our Services

Capital Market Partner

Capital Market Partner

Knowledgeable specialists support you in all kind of capital market-related questions. They offer you professional support for your listing of equities and corporate bonds.

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®).