Capital Markets: Debt
Europe Guide 2024 : Germany
Band 1
Contact number
+49 69 71 00 30About
Provided by Linklaters
In the capital markets financing requirements can be covered through various financing means. As one of the world’s leading law firms in the field of capital markets law, we advise you on all capital markets related legal issues – from the issue of shares and bonds to the development of bespoke financing structures.
You benefit from our extensive knowledge and experience in the structuring of international transactions. Our German lawyers are familiar with the specific legal and economic aspects of other countries, and are complemented by an integrated team of English and US lawyers based in our Frankfurt and Berlin offices, who are also able to advise in German language. Here our experienced teams consistently succeed in being one step ahead of decisive market changes.
Our services are characterised by innovative solutions and we are trailblazers in the use of new technologies. Through comprehensive global innovation projects, we not only promote the further advancement of our specialist legal knowledge but also optimise and modernise internal processes.
What is most important for us is having a lasting client relationship based on trust. At the same time, we always pursue the ultimate objective of achieving greater efficiency and thus better performance for our clients.
Chambers Review
Present across the entire capital markets spectrum, with considerable bench strength, Linklaters is recognised by both clients and peers for its excellence. The law firm regularly advises issuers and bookrunners on a wide ambit of DCM products, with extensive experience in green, convertible and Tier 1 and 2 bonds. It is also experienced in assisting with debt issuance programmes. Its outstanding ECM team handles high-profile IPOs, rights issues and SPAC deals as well as dual-track transactions in conjunction with its strong M&A team. Clients further benefit from Linklaters' comprehensive structured finance offering, with expertise in both synthetic, auto and consumer loan securitisations, while its derivatives experts can assist with EONIA and IBOR transitions and other regulatory issues. Its prowess in handling fintech matters, including cryptocurrency and securitisation platform mandates, complements the law firm's services.
Work Highlights
- Linklaters acted as lead counsel to Volkswagen and Porsche on the more than EUR9 billion Porsche IPO.
Strengths
Provided by Chambers
"Linklaters provide swift excellence and seamless teamwork while always being available and responsive."
"Linklaters and its international network are a well-oiled machine with very good resources and high-quality associates."
"We particularly valued the team's project management orientation, especially the availability and the easy, eye-level communication. They guided us very well through all the steps in the process in a well-structured manner and came up with good solutions."
"Linklaters has good communication with the regulator, which is very helpful as it makes for a smooth process and helps you stay within the deadlines."
"The team were very client- and results-focused, and their commercial awareness was top notch."
"Linklaters provide swift excellence and seamless teamwork while always being available and responsive."
"Linklaters and its international network are a well-oiled machine with very good resources and high-quality associates."
"We particularly valued the team's project management orientation, especially the availability and the easy, eye-level communication. They guided us very well through all the steps in the process in a well-structured manner and came up with good solutions."
"Linklaters has good communication with the regulator, which is very helpful as it makes for a smooth process and helps you stay within the deadlines."
"The team were very client- and results-focused, and their commercial awareness was top notch."
Notable Practitioners
Outstanding practitioner Peter Waltz is renowned for his DCM expertise. He is highly sought after by prominent bookrunners and issuers for his excellence in convertible, green, and Tier 1 and Tier 2 bond issuances. He additionally stands out for his expertise in cross-border mandates, especially in relation to Austria.
"We appreciated that Peter Waltz is a very senior partner who does a lot of transactions and has high levels of experience but is still very present and on the calls."
"Peter Waltz is immediately available and sorts things out. He is clear and on point in his statements, structured in his approach and can quickly clear things up for us when we struggle with the technicalities."
Barbara Lauer is widely respected for her strength in large-scale ABS transactions and consumer and auto loan receivables securitisations. Clients also appreciate Lauer for her expertise in NPL transactions, loan transfers and repackagings.
"Barbara Lauer is well known and active in the market."
"She showed great dedication to the client. It's good to have Barbara Lauer on your side."
"Barbara Lauer is a super diligent and very able lawyer who doesn't overcomplicate things."
Christian Storck covers a broad array of derivatives, regulatory and structured finance mandates, ranging from cryptocurrency securitisations and ESG derivatives to PISA frameworks and the implementation of EMIR requirements. He also assists with the negotiation of master agreements.
Jörg Fried advises financial institutions and associations on ISDA and German master agreements, netting opinions, DRV-compliant documentation and IBOR benchmark fallbacks. He is additionally known for handling OTC transactions and convinces with his strength in equity and cryptocurrency derivatives mandates.
Marco Carbonare boasts a strong ECM practice across the DACH region, often advising bookrunners and issuers on IPOs, rights issuances and SPACs. Qualified in New York, England & Wales and Germany, he is a primary contact for clients seeking multi-jurisdictional assistance.
"Marco Carbonare offered great client service and remained available, easy to contact and happy to help even after our transaction was finalised."
"He provided very good legal advice and guidance."
"Marco Carbonare was absolutely essential for the success of our transaction."
Alexander Schlee regularly assists with large-scale bond issuances, including Tier 1, green and convertible bonds. Clients further benefit from his strength in IPOs and SPAC transactions, making Schlee a strong choice for holistic advice.
"Alexander Schlee is a trusted adviser on any complex matter, always responsive and very pleasant to work with."
"Not only did we appreciate the content of Alexander Schlee's advice, but he was also pleasant and fun to work with and brought with him a nice calm to a process that was otherwise marked by a lot of pressure and friction."
Burkhard Rinne is appreciated for his strength in synthetic securitisations, clearing models and equity derivative transactions. Clients equally seek his advice on contentious matters connected to stock market regulation and shareholder liability.
Up-and-coming lawyer Jördis Heckt-Harbeck assists with ABS transactions, consumer and auto loan receivables securitisations, warehouse financings and share repackagings.
"Jördis Heckt-Harbeck is discreet, very knowledgeable and good at defending the position of her client in negotiations while trying to find a consensus with the counterparty in a solution-oriented manner."
Ranked Lawyers at
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