Simplified Procedures
Eurivex will prepare the Information Memorandum as well as Terms and Conditions of the bond issue and liaison with the Vienna Stock Exchange until the listing is secured.
Issuers will need to provide a complete and detailed business plan as well as state in detail how the funds will be used, the purpose of the bond issue, future plans and any other information that will be required and needed by the authorities.
Eurivex will also secure ISIN, CFI and other relevant codes.
Clearing, settlement and trading
The Issuer needs to furnish evidence that it meets the requirements to be eligible for trading pursuant to Exchange rules but has the choice of deciding the clearing system such as Euroclear, the UK’s CREST or other global clearing houses.
Eurivex offers to setup the registry in Euroclear and CREST for first time setup and thereafter hold the financial instruments in safe custody for registers already setup in Euroclear, Clearstream and CREST.
Timeframe
When all the documents in the correct form have been provided, it will take Eurivex 10 working days to prepare, submit the Information Memorandum to the Vienna Stock Exchange for review, secure the ISIN, complete the bond dematerialization and electronic delivery to registry and secure the final listing approval.
Complete package
Eurivex offers a complete package including the preparation of Information Memorandum, listing application to the Vienna Stock Exchange, securing of ISIN, bond registry dematerialization and delivery to registry, securing listing approval, acting as custodian for investors as well as acting as broker for trading in the bonds.
Our complete package means you deal with only one entity for listing, custody and trading.