Financing of Investment Company through Bond Issue
Issuing bonds with a prospectus is also a suitable option for entities that do not have sufficient collateral/security. In the case of bond issues with a prospectus without collateral, unsecured bond issues should provide a higher yield for investors than secured bond issues with a prospectus. This higher yield partially offsets the risk associated with an unsecured bond issue.

Bonds with Prospectus
EUR 100 m
A bond/debenture issue with a prospectus for EUR 100 m was subscribed through a stock exchange in two months.
PROJECT FINANCE FOR INVESTMENT COMPANY

An investment company that deals with investments in energy-production units, especially in the field of photovoltaic and wind energy, requested financing of a wind park in the form of a bond issue with a prospectus. The company planned to distribute the bonds on its own and through securities dealers.
SOLUTION

Given the total amount of capital required, we proposed to the investment company a distribution solution in the form of listing the entire bond issue with a prospectus on a stock exchange.
IMPLEMENTATION
