We represent public companies in particular in the context of the assumption and restructuring of syndicated loans. Our finance lawyers help firms utilize the benefits of their financial rating in negotiating the conditions and to maintain maximum flexibility in the future with regard to the limitations in terms of raising additional capital. On the bank side, we advise on the structuring and preparation of term sheets, compile the entire loan documentation and assist the bank in closing and in the course of the syndication.
Our finance lawyers have extensive expertise in the areas of acquisition and leveraged finance and have participated in significant corporate and real estate transactions in recent years. With small, specialized teams consisting exclusively of experienced attorneys, we support banks, companies and private equity sponsors in the rapid implementation of the acquisition and refinancing of businesses. Due to their years of experience our lawyers have an intuitive economic understanding of the needs of the parties, can quickly develop economic structures with an acceptable risk profile even in complicated cases, promptly provide or negotiate term sheets and the entire loan and security documentation and ensure timely closing and syndication.
Subordinated / mezzanine financing
Another focus of our finance practice in the structuring and documentation of subordinated, project and mezzanine financing for companies and specialized lenders. Our attorneys have extensive experience in subordinated and special financing of all types, for example sponsorless mezzanine, second lien, asset-based lending, non-recourse and hybrid financing. They are as familiar with the international rate of return and documentation requirements as with the problems that may arise on the corporate side or with primary lenders. We can thereby ensure that adequate funding is fitted into the existing capital structure and that there is an appropriate relationship between risk, reward and control between the lender and borrower.
Capital market financing
Our financing specialists also advise on issues and private placements of equity and debt on the capital markets. We handle IPOs and capital increases (rights offerings) on both the company and underwriter side, advise on the private placement of shares, participation rights and hybrid bonds and the issue of convertible bonds, options and high yield bonds. For national and international insurance companies and issuers, we structure private placements of promissory notes in accordance with the principles for the allocation of corporate loans by insurance companies (promissory notes, credit guidelines) or on the basis of the international standard note-purchase agreement model X-2 of the U.S. insurance industry.