Structured financing in European food and FMCG trade. One vehicle. One purpose. Real goods.
Exclusively defined financing purpose within a clearly delineated structure. No operational activities.
Financing of physical commodity flows with direct substance reference based on existing supply and purchase agreements.
Volume-based and linear — without scaling assumptions or speculative scenarios.
pfp was established as a pure special-purpose vehicle to structure trade credits in the food and FMCG sector. The issuer exclusively serves financing purposes based on already existing supply and purchase agreements.
The issuance structure is intentionally focused on a clearly delineated financing segment. Capital flows, contractual foundations, and repayment mechanics are clearly defined and organizationally segregated. This structure creates transparency, traceability, and an unambiguous allocation of economic risks.
pfp – Special Purpose Vehicle (SPV) Domiciled in Prague, operating across Europe. Designed transactionally, structured systematically, and clearly positioned, with a regulatory-reviewed and formally confirmed securities prospectus.
Registered ISIN structure with full custodial eligibility and institutional safekeeping capability. Prospectus-based issuance within the regulated capital market framework.
Exclusive implementation of volume-based contract structures in the food and FMCG sector. Scalable transaction architecture with stable cashflow logic. Clear sectoral allocation within defined market segments.
Use of funds exclusively within clearly defined and firmly assigned transaction structures. Strict binding to precisely specified commodity positions.
Structurally secured capital cycle within the trade credit architecture. Returns from trade credit engagements flow structurally via the SPV to bondholders. Transparent integration of payment flows into the issuance architecture.
European bond structure with clear capital market law classification, ISIN-registered, custodian-eligible, transparent and regulated.
From trade credit via the SPV directly to the bondholder.
Contractually fixed. Volume-based. Linearly calculable.
| Dimension | Characteristics at pfp |
|---|---|
| Contract Basis | Annually fixed contracts within long-standing business relationships |
| Reference Value | Contractually binding defined supply and purchase volumes |
| Volume Logic | Firmly agreed and fully plannable |
| Econ. Performance | Linear over the contract term |
| Scaling | Volume-based scalable within the existing contract structure |
| Upside | Contractually defined earnings figure |
| Downside | Bottom line contractually fixed, no downside risk |
| Business Character | Settlement of real commodity flows with direct asset value reference |
| Financing Purpose | Structured trade credit financing of clearly defined volumes |
| Result Logic | Contract- and volume-based |
Structurally fixed. Contractually defined. Asset-based.
Exklusiv definierter Finanzierungszweck innerhalb klar abgegrenzter Struktur.
Financing of physical commodity flows with direct substance reference.
Contractually fixed supply and purchase volumes with a plannable cashflow structure.
Annually structured contract cycle with a clearly defined result trajectory.
Independent issuance entity without operational intermingling.
Firmly assigned transaction structures with full traceability.
Annual reporting in institutional quality for bondholders.
For enquiries regarding the bond, documentation or the issuer, we are at your disposal.