Traditional bond markets are built for the largest issuers
Many capable businesses, infrastructure sponsors and asset backed borrowers sit between conventional bank finance and the traditional institutional bond market.
Bank lending can be restrictive. Equity can dilute ownership and control. Conventional bond issuance often involves high fixed costs, fragmented intermediaries and transaction sizes that exclude otherwise credible issuers.
FDM is designed for issuers seeking a more structured route to global debt capital.
Built for issuers with substance
Suitable issuer characteristics
- Revenue producing businesses or assets
- Positive EBITDA or a credible path to interest coverage
- Hard assets, receivables, or contracted revenues
- A clear and measurable use of proceeds
- Experienced management and transparent governance
- Willingness to provide regular financial reporting
- A proposed raise generally from USD 50 million or more
Not generally suitable
- Early stage or pre revenue ventures, unless it is government guaranteed or joint venture guaranteed by a reputable sponsor
- Issuers with no plausible repayment capacity
- Structures without credible security or cash flow support
- Transactions requiring retail distribution without confirmed paths
A structured path from issuer readiness to digital securities issuance
Preserve ownership
Raise debt capital without selling equity or surrendering control of the business.
Structure around the asset
Build the issuance around security, cash flow, use of proceeds, tranche requirements and investor protections.
Access a global framework
Use a Luxembourg based structuring framework designed for cross border capital formation.
Improve operational efficiency
Use digital securities infrastructure to support controlled issuance, record keeping, transfer restrictions and reporting.
Professional administration
Establish a clear operating model for investor onboarding, register maintenance, reporting, distributions and corporate actions.
Scale through tranches
Structure staged drawdowns so capital can be raised in line with acquisitions, construction milestones or working capital needs.