Introduction In recent years, the Schuldscheindarlehen (SSD) has gained considerable traction as a preferred financing instrument among both German entities and international investors. While investors have become more discerning — now subscribing only top-tier creditors — the SSD continues to stand out as an attractive option on the periphery of the debt capital markets, offering appealing economic terms. This article aims to provide an overview of the SSD, its main characteristics, the corporate acts requ ...