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
Press release: Local authorities in Baden-Württemberg rely on digital platforms

Press release: Local authorities in Baden-Württemberg rely on digital platforms

  • Corona pandemic increases borrowing needs
  • Every second municipality wants to use digital lending platforms

Cologne, 09 July 2020: The digitalisation of administration is gaining momentum: Every fifth municipality in Baden-Württemberg relies on online lending platforms for debt financing. Half of the municipalities plan to make greater use of platforms in the future.

This is the result of a study conducted by the fintech Loanboox in cooperation with the University of Applied Sciences Konstanz. Around 160 municipalities from Baden-Württemberg took part in the survey. An overwhelming majority (82%) of the participating cities, municipalities and municipal associations have a population of 5,000 to 50,000.

One focus of the study was the question of the degree of digitalisation of municipal credit management. Among other things, the study examined the extent to which digital financing platforms are already being used by Baden-Württemberg’s municipalities.

Corona pandemic increases borrowing needs

Against the backdrop of the decline in revenues as well as the increase in expenditures, the municipal level anticipates greater indebtedness as a result of the Corona crisis. Three quarters of the surveyed municipalities (75%) expect the expected need for debt capital to increase within the next three to five years. Another 17 % of the study participants expect a constant need for debt capital, whereas 5 % forecast a decrease. Due to this development, municipalities under pressure will use new tools to raise debt capital. This includes, for example, the use of online lending platforms.

Digital solutions are becoming increasingly important for municipalities

Every fifth municipality (20 %) has already used such a digital marketplace. This trend will increase in the future. The majority (52 %) of the study participants plan to make greater use of online tenders. The willingness to use them increases with the number of inhabitants. The larger a municipality is, the more open it is to using digital solutions to meet municipal financial needs.

From the perspective of the municipalities surveyed, the advantages of credit platforms lie primarily in the comparability of offers (16%), the transparency of the cost structure and the independence of the platforms (15%). Furthermore, the ease of use (15%), data security (13%) and better conditions compared to regular credit tenders (12%) are relevant.

 

About Loanboox
Loanboox is the independent debt capital market platform. It connects companies and public sector institutions seeking capital with investors. Participating parties can negotiate on the platform without intermediaries and conclude loan transactions completely digitally. Since the launch of Loanboox in Germany in October 2017, financing of more than 7.5 billion euros has been requested via the platform. Around 600 borrowers and 150 capital providers from Germany are now connected to the platform.

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: May makes everything new!

New release: May makes everything new!

Loanboox is working well in all areas even during the Corona crisis, for example our development team rolled out the new release from the home office. It has something for everyone. 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

Our blog section is the first port of call for news about Loanboox and current market developments. White papers, market information, factsheets and much more will increasingly be available here. So it’s worth taking a look regularly.

Lenny and Noa, our Chatbots

The Loanboox family has grown: Lenny and Noa, our two chatbots. They will be happy to answer your questions or forward you to our competent support team.  
At this point: a big thank you to the start-up Aiaibot, which developed the chatbot. Try out the chatbot (just click on the header at the bottom right). 
  

Platform:

New design

The design of the platform has also been revised and now impresses with a more intuitive user interface, simplified tab structures, action buttons and a completely new document centre.

 

Support

In order to provide you with the best possible support for your financing project, we have introduced two new features: Firstly, you will find your direct contact person displayed on the homepage. If you have any questions, you can contact your personal contact person at any time via chat or phone. Secondly, there is now a step-by-step assistant that guides you through the most important functions.

Especially interesting for borrowers: the portfolio tool

We now offer our borrowers a portfolio tool. Here you can see the most important facts about your previous financing requests at a glance (interest payment dates, expiry etc.) and renew and find expiring tranches with just a few clicks. You can also enter your loans that you have processed away from Loanboox in the portfolio to always have an overall view. On the other hand, you will find current market developments and interest rate overviews graphically displayed.

 

Especially interesting for investors: Investor profile and direct loans

You now have the option of adjusting the filter criteria for maturity, currencies, sectors, regions, etc. in your investor profile to suit your individual needs. to suit your individual needs. Loanboox has also launched a new product, Direct Loans. This allows you to upload daily updated offers for short-term loans with different terms and corresponding interest conditions proactively – and not only on demand – to Loanboox. Your personal client advisor will be happy to provide you with further information

Recommendation for all our users: No longer use IE 11

If you are still using the Internet Explorer 11 browser, we strongly recommend that you update it or use a different browser. Otherwise, the platform will no longer function as desired. This will also help you with many other programmes, not only Loanboox. 

Need a refresher or want to get started straight away? 

Apart from these adjustments, there are numerous other innovations that you can discover on the platform.

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

– for our registered users –

– for new customers and registered users –

Questions or comments? 

If you have any questions, we are always happy to help, via chat or on +49 221 9865420. We look forward to working with you to make the debt capital markets more accessible, efficient and transparent in the future.

 

Your Loanboox-Team

Loanboox wishes you a Merry Christmas

Loanboox wishes you a Merry Christmas

Loanboox wishes you a Merry Christmas

…and a happy new year!

What a year! In spring we moved into our offices in Cologne, and a few weeks ago we officially launched in Germany – with success.

We look back on a packed and inspiring start-up year: innovative ideas were spun and implemented, motivating client encounters whether live or over the phone were experienced, 100 active users were welcomed, convivial team evenings were spent, diaries were filled, over 600 million euros in financing requests were received, gripping media reports were made and interesting events were attended.

We wish you wonderful holidays and a good start into the new year!

Kind regards, Your Loanboox Team

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White paper on municipal finance

White paper on municipal finance

Digital municipal finance: advantages through the use of a digital platform

The procurement of loans by local authorities, special-purpose associations and their own and public enterprises is characterised by traditionally grown analogue structures. Up to now, the financial requirements of the municipalities have been transmitted manually by email, fax or telephone to a few, regionally connected financial institutions, and the most economical offer is selected from the individual offers. The process is inefficient and non-transparent.

FinTechs like Loanboox simplify the municipal loan procurement process with their online-based financing platforms. Learn in our whitepaper how you can use digital platforms to find the ideal finance partner for your financing.

The following questions are answered in the whitepaper:

    • How does a digital funding tender work??

 

    • What added value do platforms offer municipalities?

 

    • What should be considered with regard to volumes and maturities?

 

    • What documents do I need for financing?

 

 

Are you interested in the white paper?

Please send us an email with your contact details to info@loanboox.de. We will then send you the whitepaper as soon as possible.

 

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