How Yellowe works

Yellowe is a fully automated debt platform where large corporates and mid-caps find banks and institutional investors to diversify their financing mix. Fully digitalized, Yellowe completes the entire transaction, from document creation to closing, fast and at low cost. Yellowe operates in a high security environment and conducts debt capital transactions in Western Europe, with CEE markets to follow. Depending on individual needs, Schuldscheindarlehen or club loans are used.

1. Pre-requisites

Issuer / Company

  • In order to get financed, issuers must be legally incorporated in Europe and must have completed the registration process on Yellowe as well as agreed to the Terms of use.
  • Yellowe is ideal for companies and corporations with a successful track record, minimum annual revenues of EUR 250 mln. and solid financial ratios.

Lender / Investor

  • In order to become an investor, lenders must be legally incorporated in Europe and must have completed their registration on Yellowe as well as agreed to the Terms of use.
  • Investors on Yellowe include insurance companies, pension funds, banks, family offices, trusts and other financial institutions.

2. THE NEW WAY OF DEBT EXECUTION

Fully digitalized, Yellowe automatically sets up your financing and processes it. Each investor individually evaluates the presented opportunities in their own rights - Yellowe neither offers nor invests in transactions nor do we provide investment recommendations.

Opening the ORDER BOOK

In one of our customized, high-security data rooms you will present information such as contract terms, your corporate presentation, KYC documents, annual reports as well as any other documentation required for the due diligence process. All data rooms are equipped with special access controls, e.g. to grant access only to a selected group of investors. This book building period usually consists of an INDICATION PHASE (during which potential investors indicate non-binding indications) followed by the COMMITTMENT PHASE (investors present their binding commitments).

Selecting your investors

Based on the parameters set by you, investors provide offers, typically consisting of a reference interest rate plus a margin and the maximum financing amount.

At the end of the COMMITTMENT PHASE you, together with Raiffeisen Bank International AG, select one single margin attributable to all commitments. Investors who offered a lower margin are automatically attributed the higher margin selected by you.

3. CLOSING

Yellowe informs each investor whether their commitment has been accepted (notice of acceptance) or not. Automatically, the financing documentation is completed (investors' & company data, investment amounts etc.).

4. OUTSOURCING OF LOAN SYNDICATION INFRASTRUCTURE

Banks planning to syndicate a loan or Schuldscheindarlehen are invited to use Yellowe’s leading-edge technology.

On Yellowe, you can syndicate loans and Schuldscheindarlehen fast and in a high-security environment. With the flexible and scalable Yellowe technology you select potential investors, manage invitations and sales activities and complete the loan process tailored to your needs. Yellowe provides all pricing, allocation, and communication tools to manage the deal successfully.