[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/www.nacevi.cz\/jak-vydat-korporatni-dluhopisy\/#Article","mainEntityOfPage":"https:\/\/www.nacevi.cz\/jak-vydat-korporatni-dluhopisy\/","headline":"Jak vydat korpor\u00e1tn\u00ed dluhopisy","name":"Jak vydat korpor\u00e1tn\u00ed dluhopisy","description":"Emise dluhopis\u016f m\u016f\u017ee b\u00fdt \u0159e\u0161en\u00edm v okam\u017eiku, kdy je pot\u0159eba z\u00edskat pot\u0159ebn\u00fd kapit\u00e1l. Jak to prob\u00edh\u00e1? Co je korpor\u00e1tn\u00ed dluhopis Dluhopis je cenn\u00fdm pap\u00edrem. Dluhopis korpor\u00e1tn\u00ed je cenn\u00fdm pap\u00edrem firem. Zpravidla je vyd\u00e1vaj\u00ed velk\u00e9 podniky a korporace nebo velk\u00e9 banky. V principu si s n\u00edm investor kupuje dluh ur\u010dit\u00e9 spole\u010dnosti. Dluhopis p\u0159i pe\u010dliv\u00e9 anal\u00fdze lze […]","datePublished":"2023-10-19","dateModified":"2023-10-26","author":{"@type":"Person","@id":"https:\/\/www.nacevi.cz\/author\/#Person","name":"","url":"https:\/\/www.nacevi.cz\/author\/","identifier":1,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/91b1fc57487c55a66a7777af0dd690bf69c571b4a9b15cda0db8854a78b7888c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/91b1fc57487c55a66a7777af0dd690bf69c571b4a9b15cda0db8854a78b7888c?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"nacevi.cz","logo":{"@type":"ImageObject","@id":"\/logo.png","url":"\/logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.nacevi.cz\/wp-content\/uploads\/dohoda_Jl8H2e.jpg","url":"https:\/\/www.nacevi.cz\/wp-content\/uploads\/dohoda_Jl8H2e.jpg","height":0,"width":0},"url":"https:\/\/www.nacevi.cz\/jak-vydat-korporatni-dluhopisy\/","about":["Finance"],"wordCount":607,"articleBody":"      Emise dluhopis\u016f m\u016f\u017ee b\u00fdt \u0159e\u0161en\u00edm v okam\u017eiku, kdy je pot\u0159eba z\u00edskat pot\u0159ebn\u00fd kapit\u00e1l. Jak to prob\u00edh\u00e1?  Co je korpor\u00e1tn\u00ed dluhopis Dluhopis je cenn\u00fdm pap\u00edrem. Dluhopis korpor\u00e1tn\u00ed je cenn\u00fdm pap\u00edrem firem. Zpravidla je vyd\u00e1vaj\u00ed velk\u00e9 podniky a korporace nebo velk\u00e9 banky. V principu si s n\u00edm investor kupuje dluh ur\u010dit\u00e9 spole\u010dnosti. Dluhopis p\u0159i pe\u010dliv\u00e9 anal\u00fdze lze z tohoto pohledu pova\u017eovat za investici bezpe\u010dnou. Nezbytn\u00e9 je t\u00e9\u017e dodr\u017eovat pravidlo diverzifikace portfolia. Firm\u00e1m p\u0159in\u00e1\u0161\u00ed emise dluhopisu v\u00fdhodu v tom, \u017ee z\u00edskaj\u00ed pot\u0159ebn\u00e9 finan\u010dn\u00ed prost\u0159edky pro sv\u016fj rozvoj. V\u00fd\u0161e zm\u00edn\u011bn\u00e9mu investorovi za toto zap\u016fj\u010den\u00ed prost\u0159edk\u016f plat\u00ed \u00farokem. Tento cenn\u00fd pap\u00edr lze tak v korpor\u00e1tn\u00ed sf\u00e9\u0159e pova\u017eovat p\u0159edev\u0161\u00edm za dopln\u011bk anebo alternativu k b\u011b\u017en\u00e9mu bankovn\u00edmu \u00fav\u011bru.   Jak\u00e9 jsou v\u00fdhody vlastn\u00ed emise Emise dluhopis\u016f krom\u011b velk\u00fdch podnik\u016f m\u016f\u017ee p\u0159in\u00e1\u0161et v\u00fdhody i spole\u010dnostem men\u0161\u00edm. Zpravidla se toti\u017e takto poda\u0159\u00ed z\u00edskat vy\u0161\u0161\u00ed objem financ\u00ed ne\u017e v p\u0159\u00edpad\u011b klasick\u00e9ho \u00fav\u011bru. Banka toti\u017e bude posuzovat ekonomickou historii podniku. Stejn\u011b tak se sni\u017euje v porovn\u00e1n\u00ed s bankovn\u00edm \u00fav\u011brem i administrativn\u00ed z\u00e1t\u011b\u017e. Naproti tomu plat\u00ed, \u017ee cena v z\u00e1sad\u011b odpov\u00edd\u00e1 v\u00fd\u0161i \u00fav\u011bru v bance. Investo\u0159i jednodu\u0161e nemaj\u00ed p\u0159i sou\u010dasn\u00fdch \u00farokov\u00fdch sazb\u00e1ch na spo\u0159en\u00ed p\u0159\u00edli\u0161 v\u00fdrazn\u00e1 o\u010dek\u00e1v\u00e1n\u00ed. \u00darok odpov\u00eddaj\u00edc\u00ed bankovn\u00edmu \u00fav\u011bru dosta\u010duje.  Jak na emisi dluhopis\u016f V z\u00e1sad\u011b je mo\u017eno vydat dluhopisy dvoj\u00ed formou, a to:  bez prospektu s prospektem Dluhopisy bez prospektu Emise dluhopis\u016f bez prospektu je limitov\u00e1na \u010d\u00e1stkou 1 000 000 EUR. Nav\u00edc je takov\u00e1 nab\u00eddka ur\u010dena pouze kvalifikovan\u00fdm investor\u016fm. Ty vymezuje p\u0159\u00edmo z\u00e1kon. Obecn\u011b se jedn\u00e1 o finan\u010dn\u00ed instituce a investory s dosa\u017eenou zku\u0161enost\u00ed a pot\u0159ebn\u00fdm kapit\u00e1lem. Jedn\u00e1 se o emise ur\u010den\u00e9 m\u00e9n\u011b ne\u017e 150 osob\u00e1m. Takov\u00e1 nab\u00eddka se ozna\u010duje jako neve\u0159ejn\u00e1 priv\u00e1tn\u00ed. Zpravidla se takov\u00e1 emise obejde bez propagace. Doch\u00e1z\u00ed k individu\u00e1ln\u00edm jedn\u00e1n\u00edm mezi priv\u00e1tn\u00edmi investory. Nav\u00edc se jedn\u00e1 o investici v minim\u00e1ln\u00ed v\u00fd\u0161i 100 000 EUR.   Dluhopisy s prospektem Dluhopisy se mohou vyd\u00e1vat i s tzv. prospektem. Dluhopisy lze u\u017e v tomto p\u0159\u00edpad\u011b nab\u00eddnout \u0161ir\u0161\u00ed ve\u0159ejnosti a distribuce je tak citeln\u011b snaz\u0161\u00ed. Nab\u00edzet je lze ve srovn\u00e1n\u00ed s p\u0159edchoz\u00edm p\u0159\u00edpadem ve\u0159ejn\u011b a bez omezen\u00ed objemu vydan\u00fdch dluhopis\u016f a zp\u016fsobu propagace. Vypracov\u00e1n\u00ed prospektu je nicm\u00e9n\u011b finan\u010dn\u011b n\u00e1ro\u010dn\u011bj\u0161\u00ed, \u0159\u00e1dov\u011b mus\u00ed firma po\u010d\u00edtat s v\u00fddajem kolem 300 000 K\u010d. P\u0159\u00edprava a schv\u00e1len\u00ed prospektu generuje i ur\u010ditou z\u00e1t\u011b\u017e \u010dasovou, je pot\u0159eba vz\u00edt v potaz p\u0159ibli\u017en\u011b 2 m\u011bs\u00edce pot\u0159ebn\u00e9 na tento \u00fakon. Pomoci s cel\u00fdm procesem v\u00e1m m\u016f\u017ee nap\u0159. agentura Parkerhill.cz, kter\u00e1 se dlouhodob\u011b na tuto problematiku specializuje. Z\u00e1rove\u0148 v\u00e1m m\u016f\u017eete navrhnout i dal\u0161\u00ed zaj\u00edmav\u00e9 mo\u017enosti z finan\u010dn\u00ed oblasti. Ov\u0161em pozor, \u010cNB v tomto p\u0159\u00edpad\u011b prim\u00e1rn\u011b nehodnot\u00ed hospod\u00e1\u0159sk\u00e9 v\u00fdsledky ani finan\u010dn\u00ed situaci emitenta. Prospekt pouze zaru\u010duje, \u017ee emitent o sob\u011b v r\u00e1mci tohoto re\u017eimu uvede dostatek informac\u00ed. Investor tak m\u016f\u017ee u\u010dinit kvalifikovan\u00e9 rozhodnut\u00ed, zda pr\u00e1v\u011b do t\u011bchto dluhopis\u016f investovat.                                                                                                                                                                                                                                                                                                                                                                                          3.4\/5 - (8 votes)        "},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Jak vydat korpor\u00e1tn\u00ed dluhopisy","item":"https:\/\/www.nacevi.cz\/jak-vydat-korporatni-dluhopisy\/#breadcrumbitem"}]}]