The directors of european private placement facility (eppf) are pleased to announce the launch of a new truly pan-European, standardised and neutral private placement facility for debt issuance. The eppf provides investors access to capital market indebtedness of corporates, municipal and regional authorities as well as agencies and other sub-sovereigns and sovereigns ("Borrowers") intermediated by experienced banks in a cost efficient, standardised and regulated environment based on known practices and with a strong built-in quality control.
Over the past months we have been working intensively on creating this completely new industry utility. We have partnered with many of the most eminent international investment banks and industry players, have gone through a detailed regulatory approval process, have developed a new standardised ground-breaking documentation, issuance processes and quality assurance mechanisms. We have received incredibly valuable input from all possible market areas, such as investors, issuers, the public sector, rating agencies and many more.
Today, we are excited to announce that we have reached another very important milestone on our journey. We are now officially authorised and regulated by the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) as the first of its kind under this umbrella. This is the first step of many to come.
Today's announcement not only means that we can show our unconditional commitment to quality but also that we are in the business of trust. We are now officially operative and are working together with our partner banks to become the first market-driven, practical implementation of the Capital Markets Union,
If you are an issuer or a bank interested in learning more, please do contact us to see whether your bank is a member of the primary dealer bank panel of eppf or if we can refer you to the member banks. Please also do not hesitate to contact us to learn more if you are an investor or public sector entity.
We are very much looking forward to working with you as a part of the next generation financial infrastructure.