Profit Participation Certificates

Profit Participation Certificates ("PPCs"), are special securities between stocks and bonds. They secure certain capital rights of the PPC owners. Information about the extent and demarcation of the individual asset rights are provided by the terms and conditions of the respective PPC. Essential characteristics of PPCs are the regulations regarding profit distribution, risk participation and maturity.

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Participation certificates at a glance

Here you will find key information about Bertelsmann participation certificates. This page provides a concise introduction to the structure, characteristics, and differences between the two instruments.

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Frequently asked questions

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Profit Participation Certificates

Participation certificates at a glance

Characteristics

Frequently asked questions

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Henrik Pahls

Senior Vice President Corporate Finance and Investor Relations