Schuldscheine is growing up fast
One big strength of the Schuldschein (SSD) market could become its weakness.
International issuers have learned to love the SSD market for its lean documentation requirements.
Beyond marginal investor distribution, issuers are attracted to lower legal fees and quick execution. Unlike USPP documentation, which often resembles War and Peace, SSD documentation rarely exceeds 20 pages.Slim docs suited this historic market ...
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