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MARF, your best alternative for fixed income financing
The Alternative Fixed-Income Market (MARF) is a market managed by BME specifically developed to promote the financing of medium-sized companies through the issuance of fixed income securities. In contrast, the AIAF Quotations Market provides a regulated and transparent environment for trading fixed income assets.
To adapt to the reality of medium-sized companies and give them the opportunity to access a broad base of international institutional investors, MARF has simple requirements and procedures for incorporation and listing, and maintenance costs are suited to the characteristics of these types of issuers.
The market has Registered Advisors, which are entities in charge of guiding and advising companies accessing the capital market through MARF. The Registered Advisors support them from the initial moment of compliance with regulatory requirements and other aspects until the end of life of the issue.
MARF is aimed at institutional investors, both Spanish and non-residents, who wish to diversify their portfolios with fixed income securities of medium-sized companies, usually unlisted and with good business prospects.
Given the importance that this market is acquiring in the international financial landscape, in 2020 the European Central Bank included MARF as an eligible MTF for its monetary policy operations.
Benefits for companies & investors
MARF Market listing procedures are designed and tailored for medium and smaller companies. These custom-made processes agility and flexibility for issuers and investors to meet their objectives and target calendars.
The MARF Market has clear and simple processes to facilitate the access of new companies and investors to the mid-cap segment.
The MARF Market is part of SIX & Grupo BME and benefits from the expertise and reliability of these two financial market infrastructure providers and each one’s state-of-the-art technology and human resources.
The MARF Market allows issuers and investors to choose from the broadest pool of fixed income securities, tenors??, sectors, structures, … to meet their financing and investing needs.
The MARF Market is your source for reference information and where all the relevant facts, figures and news of listed companies can be disclosed & found.
