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Sub practice
Sub practice

Debt Capital Markets

Close co-operation between our debt capital markets team in Germany and our experts in all key financial centres worldwide puts us in prime position.

We provide comprehensive advice under German, English and US law with international expertise, local knowledge and all-round market insight on cross-border and domestic transactions.

We advise issuers and underwriters on the spectrum of debt capital market transactions. These include standalone bonds and debt programmes, Pfandbriefe and Schuldscheine, tier 1 and hybrid capital, equity-linked instruments, liability management, private placements, warrants, high yield and Islamic structures. We have developed innovative issuance platforms for bonds and structured notes, which are considered models in the market.

Most recently, we have developed a track record in liability management, regulatory capital and capital raisings for financial institutions, debt issues by emerging markets issuers and sovereign debt offerings. We have been involved in numerous landmark transactions since the development of the offshore RMB market.

Our U.S. qualified lawyers in Germany belong to one of the deepest and most sophisticated U.S. practices on the ground in EMEA. Our team advises on the U.S. aspects of all debt capital market transactions, including SEC-registered offerings, Rule 144A and Regulation S offerings, high-yield offerings and convertible bonds.

News and insights

glass spiral stair case in a building

News: 27 March 2024

Allen & Overy advises SBI Group on its investment in Solaris

Allen & Overy has advised SBI Group, a leading Japanese financial services conglomerate, on its investment in Solaris SE, a CRR credit institution and Europe’s pioneer of embedded finance, as part of…

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Sihouette of young family and airplane

News: 07 March 2024

Advising banks on TUI’s EUR 500m sustainability-linked senior notes

Allen & Overy has advised the initial purchasers on the offering by TUI AG of EUR 500 million aggregate principal amount of its 5.875% sustainability-linked senior notes due 2029.

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test tubes and dropper

News: 09 February 2024

Allen & Overy advises Sartorius group on EUR1.4bn equity raising

Frankfurt am Main - Allen & Overy has advised the Sartorius group on equity raisings with a total volume of EUR1.4bn. The transaction comprised the placement of 613,497 preference shares currently…

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high office buildings filmed from bottom to top against blue sky

Publications: 26 January 2024

CRD VI cross-border rules take shape

Final provisions on cross-border banking services in the EU published

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