Axpo Holding AG places first listed Green Bond via Loanboox

Axpo Holding AG places first listed Green Bond via Loanboox

Zurich, 15.07.2020. Axpo Holding AG is the first issuer to place a listed green bond entirely digitally via the independent debt capital market platform Loanboox.

The green bond for CHF 133 million and a term of 7 years was well received by investors in the capital market, and 35 orders got allocated. The energy group will use the capital to finance projects in the photovoltaic and wind energy sectors. The great interest shown by investors underlines the demand for sustainable investments and confirms Axpo’s strategy of profitable growth in renewable energies.

First fully digital corporate bond

The green bond was issued entirely digitally via the debt capital market platform Loanboox. In the dynamic and transparent Loanboox Live Bookbuilding® tool, investors set the price themselves. All process steps, deadlines and fees were known in advance to investors and issuer and were transparently visible at all times. Both sides were able to follow the order book in real time. The energy company placed the bonds with asset managers, banks, funds, pension funds and insurance companies. Martin Denkinger, Head Financing & Cash Management at Axpo, is very satisfied with the premiere:

The transaction via Loanboox worked smoothly and significantly increased transparency with regard to investors.

Important step towards digitalisation of the capital market

After successfully establishing itself as the leading platform in the field of municipal financing, Loanboox is now also digitalizing the bond market. Philippe Cayrol, CEO of Loanboox:

This first bond is a proof point that our digital process creates value for all market participants. We’re proud of the first deal and look forward to working with innovative clients and partners to set new standards in transparency, pricing and allocation in the primary market in Switzerland and in the EU.

Competent partners supported Loanboox

The Green Bond of Axpo Holding AG has a coupon of 1.002 percent. The bond will be listed on the SIX Swiss Exchange. Société Générale Paris, Zurich Branch as paying agent and listing partner, Deutsche Bank (London) as market maker, First Advisory Bond Services AG as holders representative and PwC Switzerland as due diligence agent acted as partners. Loanboox was also supported by Bär & Karrer AG as legal advisor in the transaction..

Contact person:
Loanboox
Martina Buehler, Head Marketing & Communication
Stefan Feller, Director Capital Markets
Talacker 50, 8001 Zurich, Switzerland
+41 55 220 78 29
press@loanboox.com
New Release May 2020

New Release May 2020

Loanboox works perfectly in all areas even during the Corona crisis. Our software development team has rolled out the new release from home office. Here are the most important changes.  

Website:

New design

There’s not much to explain – we hope you find it intuitive and you like it.  

Focus on relevant content: Our new blog

We will provide you with whitepapers, market information, factsheets and much more in our new blog. Come back regularly to check the news 

Lenny and Noa, our chatbots

The Loanboox family has grown: Lenny and Noa, our two virtual colleagues / chatbots. They are happy to answer your questions or forward them to the human colleagues. The chatbot tool is from the Swiss start-up Aiaibot. Try it out (just click on the head in the bottom right corner), there is a lot to discover 🙂  

Platform:

New design

The platform also got a fresher look, a more intuitive user interface, simplified tab structures, action buttons and a revamped document center.

Support

In order to be able to support you in the best possible way, we have introduced two new features: On one hand, you will find your direct contact person displayed on the start page. If you have any questions, you can always contact him or her via chat or call. On the other hand, there is a step-by-step assistant for the most important functions which should help you to get used to the new interface very quickly.

Specially interesting for borrowers: The portfolio

As of now, we offer our borrowers a portfolio. On one hand, you can see the most important facts about your previous financing requests at a glance (interest payment dates, expiration dates and volumes etc.), you can renew and find expiring loan tranches with just a few clicks. You can also add the loans closed outside of Loanboox, so that you have an overview about all your loans in your portfolio. On the other hand, you can find current market developments and interest rate overviews graphically displayed.

Specially interesting for investors: Investor profile and direct loans

Now you have the possibility to adjust your filter criteria in your investor profile according to maturity, currencies, segments, regions, etc. – so that they correspond exactly to what you are interested in and you will only be informed in case of matching requests. Loanboox has also launched a new product, direct loans. As an investor, you can reach a large number of borrowers in only one step and the borrowers can complete their offers in just two clicks; no tender, no effort, efficient for both contracting parties. For further information please don’t hesitate to contact us.

Recommendation for all our users: Do not use IE 11 anymore

If you are still working with the Internet Explorer 11 browser, we strongly recommend that you update it or use another browser. Otherwise, the platform will no longer work as desired. By the way, this helps you for many other programs, too, not only for Loanboox. 

Refresher needed or get started right away? 

Apart from these adjustments, there are many other new features you can discover on the platform.

Would you like to learn more about the new release? We are happy to explain the functionalities in detail in a webinar or you can test it yourself directly on the new platform.   

– for registered users –

– for new customers and registered users –

Questions or remarks? 

If you have any questions, please feel free to contact us via chat or by phone (+49 221 9865420). We look forward to working with you in the future to make the debt capital markets more accessible, efficient and transparent.

 

Your Loanboox-Team

New release is live!

New release is live!

New release is live!

New release: Chat feature, non-binding offers, information on partner services and many other features.

In countless contacts with customers and partners, we receive valuable input on how we can further develop Loanboox and make it even more user-friendly. We thank you very much for that. The implementation of these customer needs was also the focus in this release, among others, the following features were newly implemented:

  • Chat function on the platform: To ensure an even more uncomplicated exchange, direct communication among all platform participants is now possible.
  • Spread-based fixed interest rate offers: In order to better take into account longer decision-making processes and non-binding offers, financing based on a reference interest rate (e.g. the ICAP Midswap) plus spread are made possible. The reference interest rate can be defined in advance so that only the spread has to be specified when an offer is made.
  • Disbursement period:The borrower may request a period of gradual disbursement of his credit, depending on his needs. Thus, this disbursement period provides flexibility as it allows the loan to be used according to the progress of the investment program. Loanboox offers the possibility to request a revolving capacity on this disbursement period, to better manage the borrower’s cash flow.
  • Non-binding offers: It is now possible that investors can offer non-binding offers to better respond to the borrowers’ expectations. This option allows for more competitive offers, thus avoiding the borrower having to pay the cost for interest rate risks.
  • Information about partner services: To offer you the best service, we work with more and more partners. So that you do not lose the overview, the partner services are now clearly displayed in a list.

If you have any questions, please do not hesitate to contact us. We look forward to working with you in the future to make debt capital markets more accessible, efficient and transparent.

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4 billion border is crossed!

4 billion border is crossed!

4 billion border is crossed!

Key Figures from Switzerland

Every day credit borrowers and institutional investors operate together on Loanboox and place loan requests or offer capital. Very soon, the platform will celebrate her first birthday and the 4 billion (3.5 bn Euro) border is already crossed! Throughout only one year we have achieved that the complete volume of the financing requests amounts to more than 4 billion Swiss francs.

current news:

  • 20 financial applications with a complete volume of 290 million swiss francs (252.4m Euro) are online at the moment
  • The terms amount from 3 months up to 20 years

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