Noerr advises both large corporates on the structuring of and subsequent updates to their EMTN programmes, and Mittelstand companies on their debt-based capital raising strategies, with particular experience in Nordic bond issuances. Heading the team together are Julian Schulze De la Cruz, called on by corporate clients seeking to issue and place debt instruments, and Holger Alfes, whose expertise spans both capital markets and public and private M&A transactions. Dominik Kloka acts for issuers looking to place debt in the form of Nordic bonds and Pfandbriefe, among others.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Very efficient and knowledgeable team.’
- ‘Julian Schulze De la Cruz is detail oriented and pragmatic in finding solutions; very well structured workflows and very quick turnaround times.’
- ‘They understand industry standards and legal requirement as well as company specifics and translate this into efficient advice. They clearly give recommendations and reflect on changing environments.’
- ‘Dominik Kloka showed an exceptional availability, with a very high reliability and ability to give recommendations for non-standard questions in company-specific situations. Within the DCM space I can strongly recommend him and fully trust him as an expert business partner.’
- 'The experience and know-how of the team are fully convincing. Changes to the schedule or structure of the transaction are adapted to immediately and seamlessly. Client management skills, availability and cooperation with other transaction parties are great. A reliable and approachable team that contributes significantly to the execution of challenging transactions.'
Key clients
- ABO Energy GmbH & Co. KGaA
- Baader Bank
- Demire Deutsche Mittelstand Real Estate AG
- Frankfurter Volksbank
- Fresenius Medical Care AG
- ING-DiBa AG
- Kolibri Beteiligungen GmbH
- Mutares SE & Co. KGaA
- Netfonds AG
- Semper Idem Underberg
- Sparkasse Bremen
- TAG Immobilien AG
Work highlights
Advised Fresenius Medical Care on the annual update of its EMTN program, with a total volume of up to €10bn, the issuance of two tranches of notes valued at €1.1bn and in connection with a public tender offer to repurchase existing notes of €250m.
Advised ING-DiBa on the updates of its EMTN program, with a total volume of up to €20bn, as well as the issuance of unsecured, fixed-interest Pfandbriefe in the aggregate volume of €1.0bn.
Advised TAG Immobilien on the annual update of its EMTN program, with a total volume of up to €3bn, and a benchmark bond with a volume of €500m.
Practice head
Julian Schulze De la Cruz; Holger Alfes
Other key lawyers
Dominik Kloka