Debenture Program

The creation of a legal framework for issuing debentures, unifying related documentation, and setting up a group of traders for the debenture programme, which simplifies the placement of individual issues made through the debenture programme between investors. The creation of a debenture programme is beneficial for more frequent issues.

Benefits

Other merits include:

alternative or additional source of other methods of bank financing,
savings of finances and time as opposed to independent issues (standardise contractual documentation, shorter approval process for the terms and conditions for the issue of debentures by the Czech National bank, created prospectus is updated with supplements only in the case of a substantial change),
possibility of quickly reacting to the needs and demands on the financial market,
flexible reaction to the trends of market conditions makes it possible to acquire less expensive financing,
diversification of creditor entities,
in addition to the organisation of the programme will also handle other services (see Issuing Debentures for Clients)
promotion of the company.

Get Acquainted

The program is a standard form of acquiring financial resources for developed capital markets.

The approved issuing conditions of the programme which are valid for no predetermined number of issues, includes the following:

the duration of the programme, which creates a timeframe for the possibility of issuing debentures,
volume of the programme, which cannot be exceeded by the total amount of issued and unpaid debenture principals.

Other aspects of the conditions of issuing may be considerably variable, which makes it possible to issue through the debenture program:

with various terms of repayment (short-term, medium-term, and long-term debentures),
in various volumes,
in various currencies,
with various forms and configurations,
with various types of interest yield.

Terms of Use

Set on the basis of mutual contractual provisions.

The product is handled by the: Primary Issues division, tel.: 261 353 527, 261 353 540, 261 353 553.

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