As DZ BANK, we have been an established player in the corporate bond market for many years. Bonds are aimed at all buyers on the global capital market and are the instrument you can use to raise particularly large loan amounts. Bonds are listed and tradable on the stock exchange and offer the highest level of diversification of financing sources.

We support clients ranging from upper mid-sized companies to DAX-listed companies with issue volumes of 500 million euros upwards. With our expertise from origination to sales, we at DZ BANK guarantee that your capital market financing is optimally represented.

DZ BANK has access to a unique group of buyers in the cooperative financial network Volksbanken Raiffeisenbanken. This enables a broadly diversified and granular placement, which also means stability in the secondary market.

Especially for upper medium-sized companies, promissory note loans are a first way to access the capital market. We provide you with comprehensive support during the issuing process and make our many years of experience in structuring and sales available to you.

Compared to a bond, a promissory note can offer advantages in individual cases, depending on your rating, financing volume and your experience on the capital market. Specifically, for example, in terms of transaction costs, regulatory requirements and flexibility in structuring:

• No need for external ratings
• Comparatively simple, standardised documentation, no securities prospectus required
• Maturity tranches to control the maturity profile without implications for pricing
• Possibilities of early termination
• Individual design of the investor approach possible depending on the size of the transaction (broad syndication or private placement)