A cohesive, unified pan-European solution for next generation capital markets. The eppf is a new, neutral infrastructure that provides investors access to private placements of corporates, municipal and regional authorities as well as agencies and other sub-sovereigns ("Borrowers") intermediated by banks in a cost efficient, standardised and regulated environment based on known practices and with a strong built-in quality control.
IS THE EPPF A BANK?
No. The eppf is not a bank and will work closely with major banks and rely on their expertise. The eppf is subject to the Luxembourg Securitisation Law and is regulated and supervised by the CSSF.
IS THE EPPF A SECURITISATION?
No. Notes issued by the eppf will reflect the credit risk of the underlying Borrower. There is no tranching and no repackaging as noteholders will have a direct recourse to the underlying Borrower.
CAN I USE THE EPPF FOR MY FUNDING
Absolutely. If you are a company in Europe or elsewhere, have a sound business model and a credit quality that is not below the equivalent of a BB rating and your funding needs are abouve EUR 10 mllion. You do not need to have a rating though. The same applies for municipal and regional authorities, state agencies and other sovereigns and sub-sovereigns.
Please contact your relationship bank and ask them if they are an approved dealer for the eppf. Many major banks are. If your bank is not yet an aproved dealer you can either contact the eppf directly and we will put you in contact with one of our approved dealer banks or you can ask your bank to start the approval process.
WHO CAN USE THE EPPF?
Companies in Europe or elsewhere, municipal and regional authorities, state agencies and other sovereigns and sub-sovereigns.
I AM A BANK, HOW CAN I JOIN
If you are a bank that is active in capital markets, please contact us and we are happy to start reviewing your application to become an approved dealer for the eppf.
WHAT ARE THE COSTS?
Costs will depend on each specific case and the agreement with your arranging bank. However, as a rule of thumb the costs for funding via the eppf will be considerably lower than issuing a stand-alone bond or even establishing an issuance programme. The more you use it the lower the costs get. It will also be considerably faster.
I AM AN INVESTOR. CAN I LEARN MORE?
Investors can receive more information by contacting us. For details please see here. As investors it is important to know that the eppf will only work through its approved dealer banks.
Let us know your questions
european primary placement facility (eppf) S.A. acting for its Compartment A
51 Avenue John F. Kennedy