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NowCM, global technology leader in digital and automated bond issuance, and leading international law firm White Case have teamed up to provide breakthrough technology and legal advice to the dated and manual commercial paper (CP) market by creating the NextGenCP for corporates and other CP issuers. Family-owned investment holding Franz Haniel Cie. GmbH (Haniel) has led the way together with NowCM and White Case in implementing this programme.
As a long-term, purpose-driven investor, Haniel aims to create value for generations. Led by Dr. Axel Gros, treasurer of Haniel, and Birgit Sommer, head of CP at Haniel, creating the NextGenCP reinforces Haniel’s commitment to digital transformation, marking a significant step in modernizing the CP market.
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