


{"id":44253,"date":"2017-08-01T04:05:20","date_gmt":"2017-08-01T02:05:20","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/financing-options-for-companies-ipo-private-equity-or-corporate-bond\/"},"modified":"2017-08-01T04:05:20","modified_gmt":"2017-08-01T02:05:20","slug":"financing-options-for-corporate-boersengang-private-equity-or-corporate-bond","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/","title":{"rendered":"Financing options for companies \u2014 IPO, private equity or corporate bond"},"content":{"rendered":"<p><strong> Alex\u00adan\u00adder von Prey\u00adsing<\/strong> \u2014 Deputy Head of Issuer &amp; Primary Market Rela\u00adti\u00adons Deut\u00adsche B\u00f6rse AG, Frankfurt\/Main<\/p>\n<p> <strong> Stefan Leis\u00adner<\/strong> \u2014 Key Account Mana\u00adger, Issuer &amp; Primary Market Rela\u00adti\u00adons Deut\u00adsche B\u00f6rse AG, Frankfurt\/Main<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Since 2007, the IPO climate has chan\u00adged not only in Germany, Europe, but world\u00adwide. As a result of the finan\u00adcial crisis trig\u00adge\u00adred by the Lehman bank\u00adruptcy, and in the wake of the Euro\u00adpean currency crisis, compa\u00adnies are finding it incre\u00adasingly diffi\u00adcult to raise equity capi\u00adtal through tradi\u00adtio\u00adnal finan\u00adcing chan\u00adnels. Ther\u00ade\u00adfore, the ques\u00adtion of alter\u00adna\u00adtive finan\u00adcing opti\u00adons arises.<\/strong><\/p>\n<p>In compa\u00adri\u00adson, equity repres\u00adents the most important basis for corpo\u00adrate finan\u00adcing. A good equity ratio impro\u00adves ratings, ensu\u00adres entre\u00adpre\u00adneu\u00adrial room for maneu\u00adver and promo\u00adtes inno\u00adva\u00adtion, growth and jobs. If there is no path to solid equity finan\u00adcing, compa\u00adnies are faced with the ques\u00adtion of how to finance future projects, growth and invest\u00adments in innovations.<\/p>\n<p>In compa\u00adri\u00adson, equity repres\u00adents the most important basis for corpo\u00adrate finan\u00adcing. A good equity ratio impro\u00adves ratings, ensu\u00adres entre\u00adpre\u00adneu\u00adrial room for maneu\u00adver and promo\u00adtes inno\u00adva\u00adtion, growth and jobs. If there is no path to solid equity finan\u00adcing, compa\u00adnies are faced with the ques\u00adtion of how to finance future projects, growth and invest\u00adments in innovations.<\/p>\n<p><strong>The IPO Market: A Review<\/strong><\/p>\n<p>Since the begin\u00adning of the finan\u00adcial crisis and as a result of the Euro\u00adpean currency crisis, it has become incre\u00adasingly diffi\u00adcult for compa\u00adnies to raise equity capi\u00adtal through tradi\u00adtio\u00adnal finan\u00adcing chan\u00adnels. This can be seen, for exam\u00adple, in the IPO acti\u00advi\u00adties on the equity side (see Fig. 1). While the number of IPOs within Germany decli\u00adned shar\u00adply from mid-2007, compa\u00adnies have been raising more money via the stock exch\u00adange again since 2010. This is parti\u00adcu\u00adlarly true for larger and often private equity-finan\u00adced compa\u00adnies ( see Fig.&nbsp;2).<\/p>\n<p>The recent IPO of Brenn\u00adtag AG, for exam\u00adple, has shown that going public can be wort\u00adhwhile, espe\u00adci\u00adally for inves\u00adtors. The inves\u00adtors at the time took the company public in 2010. While the first shares were placed at an issue price of 50 euros, the private equity compa\u00adnies sold their last shares at 89 euros, thus bene\u00adfiting from the posi\u00adtive share price perfor\u00admance of Brenn\u00adtag&nbsp;AG.<\/p>\n","protected":false},"featured_media":41310,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2567,2602,2619],"product_tag":[1526,1963,2124,2126,2150,2158,2166,2174,2182,2187],"class_list":{"0":"post-44253","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-stefan-leisner","8":"product_cat-fyb-2014-en","9":"product_cat-alexander-von-preysing-en","10":"product_tag-private-equity-en","11":"product_tag-alexander-en","12":"product_tag-leisner-en","13":"product_tag-stefan-en","14":"product_tag-from-preysing","15":"product_tag-ipo-climate","16":"product_tag-currency-crisis","17":"product_tag-equity-ratio","18":"product_tag-corporate-bond","19":"product_tag-ipo","20":"pa_sprache-english-3","21":"pa_sprache-german","23":"first","24":"outofstock","25":"taxable","26":"shipping-taxable","27":"purchasable","28":"product-type-variable"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financing options for companies - IPO, private equity or corporate bond - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financing options for companies - IPO, private equity or corporate bond - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Since 2007, the IPO climate has changed not only in Germany, Europe, but worldwide. As a result of the financial crisis triggered by the Lehman bankruptcy, and in the wake of the European currency crisis, companies are finding it increasingly difficult to raise equity capital through traditional financing channels. Therefore, the question of alternative financing options arises. In comparison, equity represents the most important basis for corporate financing. A good equity ratio improves ratings, ensures entrepreneurial room for maneuver and promotes innovation, growth and jobs. If there is no path to solid equity financing, companies are faced with the question of how to finance future projects, growth and investments in innovations. In comparison, equity represents the most important basis for corporate financing. A good equity ratio improves ratings, ensures entrepreneurial room for maneuver and promotes innovation, growth and jobs. If there is no path to solid equity financing, companies are faced with the question of how to finance future projects, growth and investments in innovations. The IPO Market: A Review Since the beginning of the financial crisis and as a result of the European currency crisis, it has become increasingly difficult for companies to raise equity capital through traditional financing channels. This can be seen, for example, in the IPO activities on the equity side (see Fig. 1). While the number of IPOs within Germany declined sharply from mid-2007, companies have been raising more money via the stock exchange again since 2010. This is particularly true for larger and often private equity-financed companies ( see Fig. 2). The recent IPO of Brenntag AG, for example, has shown that going public can be worthwhile, especially for investors. The investors at the time took the company public in 2010. While the first shares were placed at an issue price of 50 euros, the private equity companies sold their last shares at 89 euros, thus benefiting from the positive share price performance of Brenntag AG.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/\" \/>\n<meta property=\"og:site_name\" content=\"FYB Financial Yearbook\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/07\/Preysing.png\" \/>\n\t<meta property=\"og:image:width\" content=\"334\" \/>\n\t<meta property=\"og:image:height\" content=\"298\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/\",\"url\":\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/\",\"name\":\"Financing options for companies - IPO, private equity or corporate bond - FYB Financial Yearbook\",\"isPartOf\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/07\/Preysing.png\",\"datePublished\":\"2017-08-01T02:05:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/#primaryimage\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/07\/Preysing.png\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/07\/Preysing.png\",\"width\":334,\"height\":298},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fyb.de\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FYB Shop\",\"item\":\"https:\/\/www.fyb.de\/en\/shop\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Financing options for companies \u2014 IPO, private equity or corporate bond\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fyb.de\/en\/#website\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"name\":\"FYB Financial Yearbook\",\"description\":\"For Your Business\",\"publisher\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fyb.de\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\",\"name\":\"FYB Financial Yearbook\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"caption\":\"FYB Financial Yearbook\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Financing options for companies - IPO, private equity or corporate bond - FYB Financial Yearbook","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fyb.de\/en\/produkt\/financing-options-for-corporate-boersengang-private-equity-or-corporate-bond\/","og_locale":"en_US","og_type":"article","og_title":"Financing options for companies - IPO, private equity or corporate bond - FYB Financial Yearbook","og_description":"Since 2007, the IPO climate has changed not only in Germany, Europe, but worldwide. 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If there is no path to solid equity financing, companies are faced with the question of how to finance future projects, growth and investments in innovations. The IPO Market: A Review Since the beginning of the financial crisis and as a result of the European currency crisis, it has become increasingly difficult for companies to raise equity capital through traditional financing channels. This can be seen, for example, in the IPO activities on the equity side (see Fig. 1). While the number of IPOs within Germany declined sharply from mid-2007, companies have been raising more money via the stock exchange again since 2010. This is particularly true for larger and often private equity-financed companies ( see Fig. 2). The recent IPO of Brenntag AG, for example, has shown that going public can be worthwhile, especially for investors. The investors at the time took the company public in 2010. 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