Capital Markets & Finance

Advisory on bond issuance, regulatory compliance, and execution. Structuring public and private debt placements (bonds, loans, hybrid financing). Mezzanine financing advisory, optimizing debt-equity balance. Guidance on domestic and international bond issuances. Support for funds, private equity firms, banks, and financial institutions in debt transactions. Structuring bilateral and multilateral financing with optimized collateral, terms, and risk management. Due diligence on financial and real estate transactions. Advisory on green bonds and sustainable financing, ESG compliance.

Advisory on IPOs, SPOs, share issuance, and subscription warrants (Listing Act compliance). Market listings, MAR compliance, and transparency requirements. Support in share transactions, acquisitions of large public company stakes (Transparency Directive, Takeover Directive, MiFID II, MiFIR compliance), and mandatory tender offers. Guidance for investment funds, fund managers, brokerage houses, and investors. Assistance in fund formation, administration, regulatory compliance, and due diligence. Corporate governance advisory for public companies (European standards, reporting, disclosure). Investor and fund exit strategies, share sales, delisting, and transition to private ownership. Development of ESOPs and performance-based plans in compliance with regulations. Representation in administrative, judicial, and securities disputes. Support in regulatory approvals and compliance.

Establishment of financial services companies. Approval procedures. Design of workflow and compliance organization. Representation vis-à-vis supervisory authorities. Advice in investigations by supervisory authorities. Outsourcing. Implementation of new regulations and provisions. Legal assessment of new financial instruments. Equity and liquidity requirements.

Financing structures. Capital increases and reductions. Shareholder loans. Subordination agreements. Corporate group financing. Cash pools. Improvement of distribution and refinancing potential. Warranties and guarantees. Comfort letters. Demarcation of legal positions of debt and equity investors.

Bank loans. Syndiced loans. Financial covenants.. Asset finance. Leasing. Sale and lease back. Public funding. Rating questions. Legal opinions. Debt to equity swaps. Bridge financing. Organization of banking pools. Debt reductions. Collateral documentation. Collateral monitoring. Optimization of collateral realization. Structuring of factoring. Finance Term Sheets.

Private equity. Leveraged buyout. MBO. MBI. Carve-outs. Earn-out arrangements. Vendor notes. Corporate actions. Capex facilities. Collateral documentation. Monitoring of collateral. Optimization of collateral realisation. Structuring of factoring. Term Sheets.

Evaluation of restructuring ability and merit. Balance sheet restructuring. Debt waiver. Restructuring loans. Control of disposition of funds. Escrow solutions. Non-performing loans.