
CREDIT-LINKED NOTE
One project. One loan. One certificate.
Accessing Swiss Residential Real Estate
The structure
Project-specific exposure, cleanly wrapped.
Reference
The note references a single loan, financing opportunity or project. Performance is linked to that specific exposure — no pooled portfolio and no active management.
Use case
Designed for clients seeking targeted exposure to a specific project, loan or financing opportunity.
Collateral
Collateral is defined at the transaction level and can be structured to reflect the requirements of the underlying financing opportunity.
Issuer
Issued through a dedicated Swiss issuance vehicle with a Swiss ISIN and Swiss Paying Agent. Ring-fenced assets ensure no issuer credit risk.
DECISION
When to use AMC vs CLN.
CHOOSE CLN WHEN
CHOOSE AMC WHEN
USE CASE
Swiss Residential Real Estate Developer
CLN QUESTIONS
CLN, in detail.
Is this a fund or a collective investment scheme?
Is this a fund or a collective investment scheme?
Who can invest?
Who can invest?
What is the issuer credit risk?
What is the issuer credit risk?
What does the note reference?
What does the note reference?
Can I use this alongside existing bank financing?
Can I use this alongside existing bank financing?
Where does it sit in the capital stack?
Where does it sit in the capital stack?
How is the CLN different from the AMC?
How is the CLN different from the AMC?
