Bond Forum Wednesday, November 14, 2012
|
|
- Lizbeth Harmon
- 8 years ago
- Views:
Transcription
1 Room Plenum 10:00 (R)evolution of debt financing Placement and trading of Large Cap-Bonds via Deutsche Börse The Placement of bonds to Retail-Investors by the Deutsche Börse gains more and more interest of larger enterprises. New investor groups, a liquid secondary market and a fair price setting make the Prime Standard for bonds an attractive alternative to the common bonds. On the panel, capital market experts will discuss about the new segment and highlight the advantages for issuers. Moderation / Claus Döring, Börsen-Zeitung / Matthias Poth, HERING SCHUPPENER Consulting, Managing Partner / Prof. Dr. Wolfgang Blättchen, BLÄTTCHEN FINANCIAL ADVISORY GmbH, Managing Partner / Christoph Klein, Deutsche Bank AG / Alexander von Preysing, Deutsche Börse AG, Senior Vice President, XETRA Issuer Services / Andreas Petrie, Helaba Landesbank Hessen-Thüringen, Head of Debt Capital Markets & Credit Trading 11:00 Corporate Bonds - lessons learnt? Development of fundamental issue parameters under capital market aspects / investor protection / Rating and its importance for risk assessment / issue parameters and pricing / transparency in advance, during and after an issue / Arne Laarveld, equinet Bank AG, Managing Director 11:45 Analysis of the corporate bond market and recommendations for capital market financing Panel Discussion, hosted by Deutsche Börse AG Expert Presentation, hosted by equinet Bank AG The capital market is also becoming increasingly attractive to SMEs as an alternative source of financing. How has the market for SME bonds developed over the last three years or so, what are the requirements for companies, what is the significance of ratings? All these are issues that will be analyzed and commented on within the framework of the workshop and will include an open discussion with participants. / Dr. Martin Steinbach, Ernst & Young Wirtschaftsprüfungsgesellschaft, Head of IPO and Listing Services / Jens Gerke, Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, Executive Director, Transaction Advisory Services - Capital & Debt Advisory 12:30 Transparency in capital markets Investor's demand on quality and reliability challenge for SMEs Expert Presentation, hosted by Ernst & Young In the forum GSK Stockmann + Kollegen will provide an overview of the most relevant changes regarding transparency requirements under the new prospectus regulations, the new EU Directive on Market Abuse as well as the new rules and regulations at Entry Standard of Frankfurt Stock Exchange. Particular focus will be put on the effects on the financing of small and medium sized companies (SME s) and their internal Compliance structures. Eventually, it shall be discussed with representatives of a qualified investor and of a SME which requirements for transparency are really necessary and how SME s react to that in practice. 1
2 / Dr. Anne de Boer, GSK STOCKMANN + KOLLEGEN, Rechtsanwältin / Hendrik Riedel, GSK STOCKMANN + KOLLEGEN, Partner 13:30 Lunch break and Exhibition Expert Presentation, hosted by GSK Stockmann + Kollegen 14:45 Case Study: MS Spaichingen / Dr. Andreas Aufschnaiter, MS Industrie AG, Member of the Executive Board 15:15 Bond Market 2013 Expert Presentation The Trend Corporate bonds for small and medium cap companies have been the determining funding trend in the years 2011/12. Both listed and non-listed companies issued bonds whose volume mostly ranged between EUR 10 and 100 million. Although not all issuers were able to raise the desired volume the bonds found their buyers in most of the cases - including both institutional and private investors. remains The trend was supported by the stock exchanges which created special platforms such as the Entry Standard for Bonds. Lower disclosure requirements and the absence of a rating under certain conditions should ease the way to the capital markets. But the simplified entry requirements, lower transparency levels, lower credit ratings and, not least, the high volatility in the capital markets were reflected in partly very high coupons, sometimes even in the low double digits. This meant increasing capital costs for the issuers. Despite these higher financing costs the bond market is still flourishing up-to-date and it suggests that the issuing of SME bonds should continue keeping things interesting. Moderation / Falko Bozicevic, GoingPublic Media AG, Chefredakteur / Dr. Andreas Aufschnaiter, MS Industrie AG, Member of the Executive Board / Philipp Melzer, CMS Hasche Sigle, Attorney / Johannes Führ, Johannes Führ Asset Management GmbH, Managing Director / Thilo Kraus, IKB Deutsche Industriebank AG, Head of Capital Markets 16:15 End of conference Panel Discussion, hosted by Deutsche Börse AG 2
3 Room Frankfurt 11:00 Entry and Prime Standard for bonds Debt financing via Deutsche Börse AG In addition to raising equity capital, companies can use Deutsche Börse segments to raise debt capital. Due to comparatively moderate transparency requirements, this access to the capital market is ideal for SMEs wishing to retain their company structure. Among the advantages of raising debt capital is the increased independence from banks, higher flexibility in the application of the proceeds of the issue as well as the possibility of raising greater volumes than through a bank credit. / Eric Leupold, Deutsche Börse AG, Xetra Issuer Services / Michael Rieß, Deutsche Börse AG, Vice President 11:45 Successful placements of corporate bonds Case study: KTG Agrar Success factors in bond issues for mid-sized companies / Andreas Wegerich, youmex Invest AG, Member of the Executive Board 12:30 S&P Ratings as internal and external steering and communication instruments Expert Presentation, hosted by Deutsche Börse AG Expert Presentation, hosted by youmex Invest AG / S&P in Germany / S&P ratings' process and corporate ratings criteria / Issuer and Issue ratings and their dependency / Performance of corporate ratings / Relationship with a rating agency / Florian Stapf, Standard & Poor s Credit Market Services, Director / Client Business Management / Tobias Mock, Standard & Poor s Credit Market Services, CFA/Managing Director/Lead Analytical Manager 13:30 Lunch break and Exhibition Expert Presentation, hosted by Standard and Poor's Credit Market Services 14:45 Creditor Relations in IBOs From placement to daily business / How do you make money? How does the business model look like? How do you run your operating business? / Why do you issue a bond now? Use of issuing proceeds? Resulting effects from the issue? / Creditor Relations are a service Investors are customers!! / Jörg Peters, PvF Investor Relations, Partner Expert Presentation, hosted by PvF Investor Relations 3
4 16:15 End of conference 4
5 Room Berlin 10:00 Presentations of bond issuers 10:00 Company presentation / Maschinenfabrik Spaichingen GmbH* 10:45 Company presentation / Steilmann-Boecker Fashion Point GmbH& Co. KG* 12:15 Company presentation / SINGULUS TECHNOLOGIES AG, Dr. Stefan Rinck, President and CEO 13:00 Company presentation / S.A.G. Solarstrom Aktiengesellschaft*, Ulrich Kenk Company Presentations 13:45 Lunch break and Exhibition 16:15 End of conference 5
6 Room München 10:00 Presentation of bond issuers 10:00 Company presentation / Hapag-Lloyd AG, Peter Ganz, CFO 11:30 Company presentation / EYEMAXX Real Estate AG*, Dr. Michael Müller, CEO 12:15 Company presentation / SeniVita Sozial gemeinnützige GmbH* Company Presentations 13:45 Lunch break and Exhibition 16:15 End of conference 6
Corporate Bond Forum. 3 rd DVFA/EFFAS Corporate Bond Forum. Plain and boring side liners...??? Spotlight on Corporate Bonds.
Corporate Bond Forum 3 rd DVFA/EFFAS Corporate Bond Forum Plain and boring side liners...??? Spotlight on Corporate Bonds. 17 September 2013 Media Partner: DVFA Center, Frankfurt/Main Society of Investment
More informationVEM AKTIENBANK addressing your capital market requirements
VEM AKTIENBANK addressing your capital market requirements A COMPUTERSHARE COMPANY VEM Aktienbank At a glance Management Team Andreas Grosjean, CEO Responsible for: Capital Markets, Research & Trading
More informationCapital Market Forum Monday, November 22, 2010
Monday, November 22, 2010 Room Plenum 10:00 Welcome Address and Opening Remarks in Plenum / Dr. Ulrich Schröder, KfW Bankengruppe, CEO / Dr. Reto Francioni, Deutsche Börse AG, CEO 10:15 Era of Less Attractive
More informationReport of the Supervisory Board
Report of the Supervisory Board Rocket Internet SE, Berlin (formerly Rocket Internet AG, Berlin) Translation from German Page 1/11 Report of the Supervisory Board of Rocket Internet SE for the financial
More informationBeing Public of Chinese Companies How can Chinese companies stay alive after the IPO
Being Public of Chinese Companies How can Chinese companies stay alive after the IPO Dr. Gebhard Zemke, Partner, BDO Deutsche Warentreuhand AG China Forum on German Equity Forum, Tuesday, November 13,
More informationSemi-Annual Report for the Investment Fund. ETFlab Deutsche Börse EUROGOV Germany 5-10. 31 August 2009
Semi-Annual Report for the Investment Fund ETFlab Deutsche Börse EUROGOV Germany 5-10 31 August 2009 Page 1 Note The Investment Fund referred to in this report is a fund under German law. Licence information
More informationLitigation Summit 2011
Litigation Summit 2011 Two-Day Summit 23 rd and 24 th November 2011 Jumeirah, Frankfurt am Main Media PARTNER Peter Lindt Leiter der Litigation-Gruppe Deutsche Bank AG Dr. Konrad Wartenberg Leiter Recht
More informationHow To Execute A Financial Instrument Of Landesbank Hessen-Th\U00Fcringen For Private Clients
Helaba Best Execution Policy Private Clients July 2014 Herausgeber: Landesbank Hessen-Thüringen MAIN TOWER Neue Mainzer Str. 52-58 60311 Frankfurt am Main Ansprechpartner Elke Blass Telefon: 0 69/ 91 32-25
More informationInterim announcement as of 31 December 2008. IKB: interim announcement as of 31 December 2008
IKB: interim announcement as of With the end of 26 February 2009, the IKB Deutsche Industriebank AG share left the Prime Standard of the Frankfurt Stock Exchange and was then listed in the General Standard.
More informationXetra. The market. Xetra: Europe s largest trading platform for ETFs. ETF. One transaction is all you need.
Xetra. The market. Xetra: Europe s largest trading platform for ETFs ETF. One transaction is all you need. Deutsche Börse Group is the leading global service provider to the securities industry. Its cutting-edge
More informationProfessional Clients Mai 2010. A. Introduction. Helaba Best Execution Policy
Helaba Best Execution Policy Professional Clients Mai 2010 Editor: Landesbank Hessen-Thüringen MAIN TOWER Neue Mainzer Str. 52-58 60311 Frankfurt am Main Germany Contacts Elke Blass Phone: (+49) 69/91
More informationDeBondo Capital Limited Presents FRANKFURT STOCK EXCHANGE : LISTING OVERVIEW
DeBondo Capital Limited Presents FRANKFURT STOCK EXCHANGE : LISTING OVERVIEW TABLE OF CONTENTS 2 DEBONDO CAPITAL - INTRODUCTION THE GERMAN STOCK MARKET THE FSE LISTING PROCESS DEBONDO SERVICES DEAL FLOW
More informationDisclaimer Publication of Merck KGaA, Darmstadt, Germany. In the United States and Canada the subsidiaries of Merck KGaA, Darmstadt, Germany operate
Disclaimer Publication of Merck KGaA, Darmstadt, Germany. In the United States and Canada the subsidiaries of Merck KGaA, Darmstadt, Germany operate under the umbrella brand EMD. Merck Partnership limited
More informationListing / entry of bonds, certificates and debt issuance programmes on the Vienna Stock Exchange
Listing / entry of bonds, certificates and debt issuance programmes on the Vienna Stock Exchange Contents Overview of the bond market on the Vienna Stock Exchange Competent authorities and stipulations
More informationInitial Public Offerings in the PV Sector
Jefferies & Company, Inc. Member, SIPC Initial Public Offerings in the PV Sector Robert K. Jaworski Senior Vice President CleanTech Investment Banking Jefferies & Company, Inc. Solar Financing Environment
More informationPress Release. Major Elements of the Consolidated Accounts. Balance Sheet
Presse und Kommunikation MAIN TOWER Neue Mainzer Straße 52-58 60311 Frankfurt am Main www.helaba.de Tel.: +49 (0) 69 / 9132 2192 Wolfgang Kuß E-Mail: wolfgang.kuss@helaba.de Ursula-Brita Krück E-Mail:
More information2015 Final capital gains distributions as of 1/6/2016
2015 Final capital gains distributions as of 1/6/2016 The following pages list final capital gain payments for the Deutsche funds, payable to shareholders as of the dates indicated. With the final capital
More informationDeutsche Börse Blue Chip Indices
Deutsche Börse Blue Chip Indices The index family for the German equity market 2 DAX, MDAX, TecDAX, SDAX Deutsche Börse Blue Chip Indices Deutsche Börse Index Products Benchmarks and Underlyings for International
More informationIssuing corporate bonds in Oslo an efficient, flexible and mature market for raising debt capital
Issuing corporate bonds in Oslo an efficient, flexible and mature market for raising debt capital THE NORWEGIAN BOND MARKET AN EFFICIENT SOURCE OF DEBT CAPITAL Bente A. Landsnes President and CEO of Oslo
More informationXetra. The market. The leading trading platform. A simple investment in commodities, volatility or currencies
Xetra. The market. The leading trading platform for ETCs & ETNs A simple investment in commodities, volatility or currencies 2 3 Commodities can be used to reduce the volatility of a portfolio or increase
More informationMarket Segmentation of Wiener Börse AG
Segmentation of Wiener Börse AG Design & Support 20.10.2015 MARKET SEGMENTATION OF WIENER BÖRSE AG MARKET SEGMENTATION OF WIENER BÖRSE AG 1 INTRODUCTION 3 1.1 s of Wiener Börse AG 3 1.2 Segmentation of
More informationSAMPLE INVESTMENT POLICY STATEMENT
SAMPLE INVESTMENT POLICY STATEMENT 2003 Prepared by: Jay D. Ahlbeck, CLU, ChFC JDA & Associates Securities and Advisory Services offered through Mutual Service Corporation, a Registered Investment Advisor,
More informationINTELLIGENT TRADING THE STOCK EXCHANGE FOR PRIVATE INVESTORS
INTELLIGENT TRADING THE STOCK EXCHANGE FOR PRIVATE INVESTORS TRADEGATE EXCHANGE MORE THAN 6,000 EQUITIES AND ETFS / Large, small and mid-caps from leading German and international indices, e.g. DAX, CAC
More informationINTELLIGENT TRADING THE STOCK EXCHANGE FOR PRIVATE INVESTORS
INTELLIGENT TRADING THE STOCK EXCHANGE FOR PRIVATE INVESTORS TRADEGATE EXCHANGE FACTS 03 MORE THAN 6,000 EQUITIES AND ETFs / Large, small and mid-caps from leading German and international indices, e.g.
More informationInvestor Presentation The Helaba Group. Frankfurt / Main, November 2015
Investor Presentation The Helaba Group Frankfurt / Main, November 2015 Agenda 2 1 Helaba Profile 2 S Group Strategy 3 Business Development & Asset Quality 4 Funding Helaba: Universal bank with strong regional
More informationGetting started Practical steps to securitisation
Getting started Thursday, 21 January 2016 9.10 17.10 Getting started Practical steps to securitisation True Sale International GmbH Mainzer Landstraße 51 60329 Frankfurt Germany The stated goal of the
More informationUnaudited Half Year Financial Report January June 2013. Creating career prospects and deploying targeted professional skills.
Creating career prospects and deploying targeted professional skills Amadeus FiRe AG Unaudited Half Year Financial Report January June 2013 Unaudited Half Year Financial Report, January June 2013 1 Unaudited
More informationEUROPEAN CORPORATE M&A 2015 CROSS BORDER TRANSACTIONS: DRIVERS OF CORPORATE STRATEGY. 16 April 2015, Villa Kennedy, Frankfurt am Main, Germany
#3 conference EUROPEAN CORPORATE M&A 2015 CROSS BORDER TRANSACTIONS: DRIVERS OF CORPORATE STRATEGY 16 April 2015, Villa Kennedy, Frankfurt am Main, Germany EUROPEAN CORPORATE M&A 2015 CROSS BORDER TRANSACTIONS:
More informationOverview of key figures
Quarterly report for the 1 st Quarter 2010 Overview of key figures 01.01.- 01.01.- Change 31.03.2010 31.03.2009 in % Net fee and commission income in EUR 9.87 8.58 15.0 Net trading income in EUR 16.96
More informationReal Estate Tax Strategies - 2009
TAG Immobilien AG February 2010/Q1-Q3 2009 TAG I 1 Content I. Group overview Investment case/ Structure Highlights Q3 page 3-6 II. Portfolio page 7-12 Residential Commercial Vacancy rates Q4/2009 III.
More informationMarketplace Germany Business Choice in Europe. Marketplace Germany Business Choice in Europe SPEAKERS. Registration 1:00pm 1:30pm
February 26th, 2015 February 26th, 2015 Kevin Glass Headmaster, Atlanta International School (AIS), Torsten Janssen Chartered Accountant, Partner, Ebner Stolz GmbH & Co. KG, Germany Registration 1:00pm
More informationStock Exchange Turnover
Stock Exchange Turnover in Derivatives Turnover on German Structured Products market remains high Trading volume of Structured Products and totals EUR 5 billion with capital protection (100 %) Capital
More informationXetra. The market. Xetra: Europe s largest trading. ETF. One transaction is all you need.
Xetra. The market. Xetra: Europe s largest trading platform for ETFs ETF. One transaction is all you need. 2 3 Deutsche Börse Group is the leading global service provider to the securities industry. Its
More informationIntroduction. What is AIF Securitisation? Analysts. Press. www.scoperatings.com
October, 2014 Securitisation of Alternative Investment Funds s www.scoperatings.com Introduction Alternative Investment Fund ("AIF") 1 managers are looking to respond to investors search for yield in a
More informationPublic consultation on Building a Capital Markets Union COM/2015/63 green paper
Public consultation on Building a Capital Markets Union COM/2015/63 green paper Jelena Soskic European Policy Advisor jso@danskerhverv.dk phone: +32 486 03 04 53 The Danish Chamber of Commerce welcomes
More information3rd Managing Risk in Africa
Strategic Partner 3rd Managing Risk in Africa 11 February 2014, Frankfurt am Main Preliminary Program (as per 10-01-2014) www.riskinafrica.de Alterations to be reserved. Organised by Afrika-Verein Veranstaltungs-GmbH.
More informationDoing M&A Deals in Germany a summary of legal and other aspects worth knowing
Doing M&A Deals in Germany a summary of legal and other aspects worth knowing Robert P. Wethmar Taylor Wessing Hamburg, Germany I. General Remarks 1. M&A Environment in Germany M&A market in Germany on
More informationDesignated Sponsor Guide. Version 10.0
Guide Version 10.0 Guide Table of Content Page I Table of Content 1 on Xetra... 1 2 Admission requirements for s... 1 3 necessity for continuous trading... 2 3.1 Xetra Liquidity Measure (XLM)... 3 3.2
More informationCorporate Governance Code for Asset Management Companies
Corporate Governance Code for Asset Management Companies Frankfurt, Germany, April 2005 Published by the German Working Group on Corporate Governance for Asset Managers Working Group Members: Wolfgang
More informationGreen Paper of the European Commission on Long-Term Financing of the Economy
June 2013 Green Paper of the European Commission on Long-Term Financing of the Economy Reply of NASDAQ OMX The NASDAQ OMX Group, Inc. delivers trading, exchange technology and public company services across
More informationAlternative Finance for SMEs and Mid-Market Companies Brussels Presentation
Alternative Finance for SMEs and Mid-Market Companies Brussels Presentation 27th November, 2013 Agenda Introduction Backdrop: bank lending to companies in Germany, France, UK, Italy and Spain Policymakers
More informationThird Annual Meeting. Task Force of Middle East and North African Stock Exchanges for Corporate Governance. Meeting Agenda
Third Annual Meeting Task Force of Middle East and North African Stock Exchanges for Corporate Governance Meeting Agenda 2 December 2013 Sultanate of Oman Hosted by the Muscat Securities Market and the
More informationDeutsche Bank Aktiengesellschaft
SIXTH SUPPLEMENT DATED 27 MAY 2015 TO THE BASE PROSPECTUS DATED 26 JUNE 2014 AS SUPPLEMENTED BY THE FIRST SUPPLEMENT DATED 1 AUGUST 2014 THE SECOND SUPPLEMENT DATED 17 NOVEMBER 2014 THE THIRD SUPPLEMENT
More informationpoor medium good excellent
oekom orporate Aareal Bank AG : GIS : ountry: ISIN: Bloomberg Ticker: Financials/Mortgage & Public Sector Finance Thrifts & Mortgage Finance Germany DE0005408116 ARL GY Equity Status Prime Threshold Prime
More informationListing of Foreign Companies on German Stock Exchange
Listing of Foreign Companies on German Stock Exchange By Dr Herbert Harrer and Dr Claus Mößle, Linklaters LLP, Frankfurt, Germany The Frankfurt Stock Exchange has significantly increased its attractiveness
More informationBerenberg reports big profit increase: Net profit more than doubles from last year
P R E S S R E L E A S E 2 0 Ja nua ry 2016 Berenberg reports big profit increase: Net profit more than doubles from last year Net profit for the year jumps from 40 million to record 104 million Gross income
More informationSummer Course 2008 International Public M&A. Advisory Board. Prof. Dr. Ingo Saenger. Westfälische Wilhelms-Universität Münster
Summer Course 2008 International Public M&A Advisory Board Prof. Dr. Ingo Saenger Westfälische Wilhelms-Universität Münster Dr. Andrea von Drygalski P+P Pöllath + Partners Westfälische Wilhelms-Universität
More informationGSW IMMOBILIEN AG 2013 MY BERLIN. MY HOME.
ANNUAL REPORT GSW IMMOBILIEN AG 2013 MY BERLIN. MY HOME. My Berlin. My Home. The listed company GSW has been managing one of the largest property portfolios in Berlin for 90 years. Its name is synonymous
More informationTHE DURSO WEALTH MANAGEMENT GROUP S DISCRETIONARY PORTFOLIO MANAGEMENT INVESTMENT STRATEGIES
Morgan Stanley 20 Linden Place Red Bank, NJ 07701 (732) 936-3400 THE DURSO WEALTH MANAGEMENT GROUP AT MORGAN STANLEY THE DURSO WEALTH MANAGEMENT GROUP S DISCRETIONARY PORTFOLIO MANAGEMENT INVESTMENT STRATEGIES
More informationCorporate Governance Report
Annual Report 2014 Letter from the Highlights of 2014 About Share Corporate Governance Report All information contained in this statement on corporate governance reflects the situation as of February 10,
More informationAcquisition and Management of SME Companies. Company Presentation - Trigon Equity Partners GmbH
Acquisition and Management of SME Companies Company Presentation - Trigon Equity Partners GmbH Executive Summary Trigon Equity Partners is a Private Equity company with a strong focus on turnaround and
More informationCorporate and Corporate Bond Rating BioEnergie Taufkirchen GmbH & Co. KG Germany, Renewable Energy
BioEnergie Taufkirchen GmbH & Co. KG Germany, Renewable Energy www.scoperatings.com Corporate Profile BioEnergie Taufkirchen GmbH & Co. KG ( BET ) operates a biomass cogeneration plant in Taufkirchen,
More informationPrivate Equity Services. Liebe Sutor Gawlowski Private Equity - Services
Private Equity Services L S G Private Equity Services Content: Company facts Event Industry Insights Event Private Equity CEO Roundtable Private Equity Services References Advisory Board Contact L S G
More informationUNDERSTANDING CLOSED-END FUNDS
Lessons in Investing for Income UNDERSTANDING CLOSED-END FUNDS Income is one of investors most common goals but one not easily achieved, especially in today s low-yielding environment. That s why investors
More informationIKB (Group) Annual Report 2009/2010. Annual Report 2009/2010
Annual Report 2009/2010 1 Contents Letter from the Chairman of the Board of Managing Directors...6 Report of the Supervisory Board...8 Supervisory Board activities in the financial year 2009/10...8 Activities
More informationGetting started Practical steps to securitisation (case study)
Getting started Wednesday, 24 June 2015 9.10 17.10 True Sale International GmbH Mainzer Landstraße 51 Getting started Practical steps to securitisation (case study) 60329 Frankfurt Germany The stated goal
More informationRating Methodology. Alternative Investment Funds Open-Ended Real Estate Funds. June 2016. Contact
Alternative Investment Funds Open-Ended Real Estate Funds June 2016 Contact Sonja Knorr Director +49 (0)30 27891-141 s.knorr@scopeanalysis.com Purpose of Document This document explains the methodology
More informationCapital market financing
SIX Group AG Selnaustrasse 30 P.O. Box 1758 CH-8021 Zurich www.six-group.com Contact: Media Relations pressoffice@six-group.com Capital market financing Basic principles process benefits to the economy
More informationSMALL BUSINESS CAPITAL FORMATION
SMALL BUSINESS CAPITAL FORMATION October 16-17, 2012 Istanbul, Turkey Co-organized and co-sponsored by: CAPITAL MARKETS BOARD OF TURKEY UNITED STATES SECURITIES AND EXCHANGE COMMISSION Held At: Point Hotel
More informationBaader Bank Aktiengesellschaft
Baader Bank Aktiengesellschaft Weihenstephaner Strasse 4 85716 Unterschleissheim Germany T 00800 00 222 337* F +49 89 5150 2442 service@baaderbank.de www.baaderbank.de * Toll-free from (inter)national
More informationChange Management in Tourism
Change Management in Tourism From Old to New Tourism Edited by Christopher Kronenberg, Sabine Müller, Prof. Dr. Mike Peters, Dr. Birgit Pikkemaat and Prof. Dr. Klaus Weiermair With Contributions by Gerald
More informationINVESTMENT TERM GLOSSARY
A Accrued Interest - Interest that has been earned but not yet credited to a bond or other fixed-income investment, such as a certificate of deposit. Active Management The use of professional investment
More informationLondon Stock Exchange
London Stock Exchange Jane Zhu, Head of Asia Pacific December 2008 London is the most international financial centre in the world Over 700 overseas companies quoted on the London Stock Exchange s s markets
More informationCommitted to Results.
Committed to Results. November 2012 Concord Capital Corporate Advisor Concord Capital AG Management-Owned Investment Banking-Boutique in Frankfurt/Germany Core Competences in Corporate Finance, Capital
More informationGRENKELEASING AG Group Financial Report 2013
GRENKELEASING AG Group Financial Report 2013 GRENKELEASING AG Consolidated Group Key Figures GRENKE Group New business GRENKE Group Leasing + Factoring + Business start-up Jan. 1, 2013 to Dec. 30, 2013
More informationFinancial sector hesitant: CFS Financial Center Index remains at pre-quarter level
Financial sector hesitant: CFS Financial Center Index remains at pre-quarter level Profit situation improves considerably / Employment stagnates / Bank levy controversial FRANKFURT, 25 April. With a current
More informationSemi-annual Report 01/2000
Semi-annual Content Page 1. At a Glance 1 2. The Company 2 3. Business Trends 2 4. Group Profit and Loss 4 5. Group Balance Sheet 5 6. Group Cash Flow Statement 6 7. Development of Shareholders' Equity
More informationCorporate Governance report and statement
32 www.leoni.com Corporate Governance report and statement Corporate Governance at LEONI LEONI is committed to maintaining responsible and transparent corporate governance, the basis of which consists
More informationAbsolute return: The search for positive returns in changing markets
Absolute return: The search for positive returns in changing markets Tuesday, 7 June 2011 Portfolio Manager for Global Fixed Income and Absolute Return Funds www.dbadvisors.com Topics for discussion What
More informationOSC EXEMPT MARKET REVIEW OSC NOTICE 45-712 APPENDIX C CAPITAL RAISING IN CANADA AND THE ONTARIO EXEMPT MARKET
OSC EXEMPT MARKET REVIEW OSC NOTICE 45-712 APPENDIX C CAPITAL RAISING IN CANADA AND THE ONTARIO EXEMPT MARKET 1 1. Introduction As a securities regulator, the Ontario Securities Commission is committed
More informationXetra-Gold Precious. Always. And forever. An investor s guide
Xetra-Gold Precious. Always. And forever. An investor s guide 3 Why Xetra-Gold Investors have wide investment possibilities when it comes to participating in the development of the gold price. They can
More informationTO OUR SHAREHOLDERS PROFITABLE GROWTH COURSE INTERNATIONALIZATION FURTHER EXTENDED US MARKET IN FOCUS
QUARTERLY STATEMENT AS OF MARCH 31, 2015 TO OUR SHAREHOLDERS Patrik Heider, Spokesman of the Executive Board and CFOO The Nemetschek Group has made a dynamic start in the 2015 financial year and continues
More informationImproving opportunities for Initial Public Offerings on growth stock markets in Europe
Directorate-General for Enterprise and Industry Improving opportunities for Initial Public Offerings on growth stock markets in Europe Report from the workshop held on 24 May 2005 in Brussels July 2005
More informationUkraine-Germany business-forum - Internal Working Agenda Business Partner Ukraine Potential Reforms Cooperation
Ukraine-Germany business-forum - Internal Working Agenda Business Partner Ukraine Potential Reforms Cooperation 23 rd October 2015 Berlin, Haus der Deutschen Wirtschaft 09.15 10.40 Registration for participants
More informationThe New German Investment Regulation (Anlageverordnung)
March 5, 2015 The New German Investment Regulation (Anlageverordnung) An update to the GSK Update of June 30, 2014 Executive Summary > Privileges for investments in private equity funds > Clarification
More informationUnaudited Financial Report
RECRUITING SERVICES Amadeus FiRe AG Unaudited Financial Report Quarter I - 2015 Temporary Staffing. Permanent Placement Interim Management. Training www.amadeus-fire.de Unaudited Amadeus FiRe Group Financial
More informationVDAX -NEW. Deutsche Börse AG Frankfurt am Main, April 2005
VDAX -NEW Deutsche Börse AG Frankfurt am Main, April 2005 With VDAX -NEW, Deutsche Börse quantifies future market expectations of the German stock market Overview VDAX -NEW Quantifies the expected risk
More informationCOST OF LONG-TERM DEBT
Filed: 0-- EB-0-0 Exhibit B Tab Schedule Page of COST OF LONG-TERM DEBT.0 HYDRO ONE DISTRIBUTION LONG-TERM DEBT The debt portfolio for Hydro One Distribution, as set out in Exhibit B, Tab, Schedule, is
More informationtelegate Group We make our customer visible on the Internet Munich, May 7 th 2015
telegate Group We make our customer visible on the Internet Munich, May 7 th 2015 Market & Strategy Financials Outlook 2 Our new market positioning ❶ ❷ Local clients: Small & mid-sized businesses 0-20
More information3 rd Managing Risk in Africa
Strategic Partner 3 rd Managing Risk in Africa 11 February 2014, Frankfurt am Main Preliminary Program (as per 23-01-2014) www.riskinafrica.de Alterations to be reserved. Organised by Afrika-Verein Veranstaltungs-GmbH.
More informationIntermediate Report. Intermediate Report
Intermediate Report Intermediate Report January 1 September 30, 2015 IMPORTANT CONSOLIDATED FIGURES AT A GLANCE Q1-Q3 / 2015 Q1-Q3 / 2014 Q1-Q3 / 2013 3) Sales revenues 51,589 57,939 46,541 Industrial
More informationCorporate Governance Report
Corporate Governance Report The Austrian Code of Corporate Governance contains rules for the management and control of an enterprise and constitutes the basis of responsible management. In 2014, S IMMO
More informationThe MLP Group The partner for all financial matters. Reinhard Loose, CFO, Roadshow Frankfurt, 5th March 2015
The MLP Group The partner for all financial matters Reinhard Loose, CFO, Roadshow Frankfurt, 5th March 2015 Agenda MLP at a glance Benefits for shareholders Key financials 2014 Impact of regulation Outlook
More informationFINANCIAL REPORT H1 2014
FINANCIAL REPORT H1 2014 HIGH SPEED BY PASSION 02_Key Figures 03_Group Status Report 05_Consolidated Financial Statements 10_Notes 11_Declaration of the Legal Representatives 02 PANKL KEY FIGURES EARNING
More informationCompany profile Lampe & Kollegen. Mainz am Rhein, Frankfurt am Main and Stuttgart
Company profile Lampe & Kollegen Mainz am Rhein, Frankfurt am Main and Stuttgart Content About us Locations Our core business 1. Audit 2. Tax Advisory Services 3. Valuation Services 4. Due Diligence Our
More informationMARCH 2013. jones day equity capital markets Q&A GUIDE 2013. Karsten Müller-Eising and thomas stoll
MARCH 2013 jones day equity capital markets Q&A GUIDE 2013 GERMANY Karsten Müller-Eising and thomas stoll Equity Capital Markets Q&A guide 2013 Table of Contents Page Main Equity Markets / Exchanges 1
More informationDEMIRE Deutsche Mittelstand Real Estate AG. April 1, 2012 March 31, 2013 GESCHÄFTSBERICHT 2012/2013
DEMIRE Deutsche Mittelstand Real Estate AG Annual MAGNAT Real Report Estate AG 2012/2013 April 1, 2012 March 31, 2013 GESCHÄFTSBERICHT 2012/2013 1. April 2012 31. März 2013 Key data at a glance 2012/2013
More informationThe Pinnacle Funds. Simplified Prospectus. December 11, 2009 Class A and Class F units and Class I units where noted. Money Market Fund.
The Pinnacle Funds Simplified Prospectus December 11, 2009 Class A and Class F units and Class I units where noted Money Market Fund Pinnacle Short Term Income Fund Bond Funds Pinnacle Income Fund Pinnacle
More informationDEMIRE Deutsche Mittelstand Real Estate AG. Annual Report 2014
DEMIRE Deutsche Mittelstand Real Estate AG Annual Report 2014 April 1, 2014 December 31, 2014 3,00 DEMIRE 2,00 Deutsche Mittelstand Real Estate AG Annual Report 2014 1,00 0,00 100.000 50.000 0 30.12.2013
More informationChapter 12. Equity Globally
Chapter 12 Sourcing Equity Globally Sourcing Equity Globally: Learning Objectives Design a strategy to source equity globally Analyze the motivations and goals of a firm issuing new equity shares on foreign
More informationT HE H ARTFORD F LOATING R ATE F UND Helping Investors Prepare for Rising Interest Rates
T HE H ARTFORD F LOATING R ATE F UND Helping Investors Prepare for Rising Interest Rates Michael J. Bacevich Portfolio Manager The Hartford Floating Rate Fund John P. Connor Portfolio Manager The Hartford
More informationPNE WIND AG. Webcast Presentation May 11, 2015
PNE WIND AG Webcast Presentation May 11, 2015 Windpark Windpark Buchholz Buchholz 1Q 2015 HIGHLIGHTS The first quarter of 2015 was characterized by 1. the continuation of our on and offshore development
More informationStructured products exchanges generate turnover of EUR 3.3 billion in August
Stock Exchange Turnover in Derivatives Structured products exchanges generate turnover of EUR 3.3 billion in August Decline in investment products / growth in leverage products The trading volume of investment
More informationDeutsche Börse: Going Public and Being Public The Impact of the Listing Decision on the Cost of Capital An International Comparison
Deutsche Börse: Going Public and Being Public The Impact of the Listing Decision on the Cost of Capital An International Comparison Authors: Prof. Dr. Christoph Kaserer Chair of Financial Management and
More informationMarket Shares by Stock Exchange Turnover
Market Shares by Stock Exchange Turnover in structured Securities Change at the top Deutsche Bank pushes down Commerzbank from its leading position with capital protection (100 %) Capital Protection Products
More informationThe Year 2015 - A Guide For German Stock Market
Consolidated Half-year Report of Baader Bank AG as at 30 June 2015 OVERVIEW OF KEY FIGURES RESULTS OF OPERATIONS 01.01.-30.06.2015 01.01.-30.06.2014 Change in % Net interest income EUR thousand -100 1,017
More informationA smoother path to US equity income?
A smoother path to US equity income? Introducing the benefits of low volatility dividend strategies and the new PowerShares S&P 500 High Dividend Low Volatility UCITS ETF June 2015 This document is directed
More informationOne-to-one bank for the modern investor comdirect bank WestLB German Mid & Small Cap Conference London, 19 May 2004
One-to-one bank for the modern investor comdirect bank WestLB German Mid & Small Cap Conference London, 19 May 2004 Dr. Achim Kassow, CEO Agenda Performance After the bubble: record result and first dividend
More informationLernmodul Functions of a stock exchange. Lernmodul Functions of a stock exchange
Lernmodul Functions of a stock exchange Lernmodul What is a stock exchange? All of us are familiar with the image of the stock exchange in movies and the news: Stockbrokers stand around on the trading
More informationCROSS-BORDER INVESTMENTS WITH GERMANY- TAX, LEGAL AND ACCOUNTING
CROSS-BORDER INVESTMENTS WITH GERMANY- TAX, LEGAL AND ACCOUNTING In Honour of Detlev J. Plltz Published by the Partners of Flick Gocke Schaumburg Editorial Team: Prof. Dr. Thomas Rödder, Dr. Jochen Bahns
More information