
Linklaters‘ debt practice is able to assist both new and experienced issuers, in addition to single and consortia of bookrunners, on the structuring and placement of bonds, including green bonds, hybrid securities and convertible notes, among others. The team is adept at assisting with such matters under German and US law, with the practice containing a number of dual-qualified lawyers, including practice head Christian Storck, who advises on the securitisation of assets and other structured products under German and English & Welsh law. Alexander Schlee counts hybrid and high yield bonds amongst his areas of expertise, with Martin Rojahn handling both issuances and liability management transactions. Wolfgang Ettengruber acts for both issuers and banks on the issuance of senior and hybrid bonds. Peter Waltz departed the firm in May 2025.
Legal 500 Editorial commentary
Key clients
- Aareal Bank
- TAG Immobilien
- J.P. Morgan
- LD Celulose
- Citigroup Global Markets Inc.
- Vonovia
- Daimler Truck
- Deutsche Bank
- LEG Immobilien
- Goldman Sachs
- Bayer
- Barclays
- Schaeffler
- BNP Paribas
Work highlights
Advised Aareal Bank AG on the $425m issuance of Additional Tier 1 bonds and a €300m cash tender offer.
Advised TAG Immobilien AG on the €330m issuance of a convertible bond.
Advised LD Celulose on a $1bn refinancing in the US market under Rule 144A, including the inaugural issue of $650m in senior secured green bonds under US law.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Christian Storck
Other key lawyers
Alexander Schlee; Martin Rojahn; Wolfgang Ettengruber


