For general or specific refinancing purposes, a "Schuldschein" could be the right solution for your needs. Schuldschein transactions can be arranged very quickly, with a lifetime of between 2 and 5 years, in order to improve your asset / liability management. Lending can be done by one bank, which might look for participants afterwards.
The Schuldschein is very similar to a bond, but less expensive, and it does not need to be registered at a stock exchange. Thus, the borrower of a Schuldschein has no access to the bond market. More flexible than a bond, the Schuldschein note can be adjusted to the customer's needs regarding repayment terms, drawdown periods, etc. Lending amounts range between EUR 10 and 100 million.
Commerzbank's wide-ranging portfolio of financial instruments gives us the flexibility to provide tailor-made solutions to our customers' needs. We don't even have to issue the promissory note, as the loan documentation is sufficient.
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For further information contact your relationship manager.
