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ARTICLE · 05 FEBRUARY 2025

German Obligors In Cross-Border Financing Transactions

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This article, authored by international secondee Pascal Urban from Gleiss Lutz, was first published in the January 2025 issue of Butterworths Journal of International Banking and Financial Law.

GermanyFinance and Banking
James Bell
James Bell
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This article, authored by international secondee Pascal Urban from Gleiss Lutz, was first published in the January 2025 issue of Butterworths Journal of International Banking and Financial Law. The author thanks James Bell, Knowledge Counsel in the Finance Department at Travers Smith LLP, for his helpful assistance on this article.

Overview

In this briefing, we discuss how English lawyers must navigate a landscape of legal and practical considerations on financing transactions involving German obligors. This In Practice article outlines the critical aspects to be aware of.

1. FACILITIES AGREEMENT

Obligor entities

The German obligors typically encountered on a financing transaction are limited liability companies (GmbH), partnerships with a GmbH as a general partner (GmbH & Co. KG), and stock corporations (AG).

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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