Prime Standard for corporate bonds
Prime Standard for corporate bondsThe premium segment for raising debt capital
The Prime Standard for corporate bonds can be accessed via admission to the Regulated Market. An application to participate in the segment has to be filed by both the issuer and by a bank or financial services institute. Conditions for participation and the various follow-up duties are set our in the General Terms and Conditions of Deutsche Börse AG for Participation in the Prime Standard for Corporate Bonds.
- Key participation conditions
- Key follow-up participation obligations
- Fees
- Indices
Key participation conditions
- National accounting standards (for issuers based in an EU member state) or International Financial Reporting Standards (IFRS)
- Placed bond volume of at least EUR 100 million
- Bond denomination in bond units of EUR 1,000 each
- Submission of the following documents:
- company or bond rating, credit rating, summary of the rating report
- brief company and bond profiles
- calendar of company event
- audited annual financial report of annual financial statements
The bond must be admitted to trading in the Regulated Market of FWB® the Frankfurt Stock Exchange. Admission to the Regulated Market requires submission of a valid security prospectus. No prospectus is required for participation itself. Valid security classes: bearer bonds. The securities must be eligible for clearing through Clearstream.
Exceptions are possible for issuers whose shares are included in the DAX® or MDAX® selection indices.