A&O Shearman is an experienced partner for German and international financial institutions, asset managers and private equity companies to advise on various securitisation transactions, including traditional and synthetic securitisations and, most recently, start-up deals, as well as ones linked to ESG criteria and cryptocurrencies. The group also covers all regulatory issues, which has led to frequent instructions concerning structured products issuance platforms and issuing business. Practice head Martin Scharnke frequently takes the lead on such matters, but alongside securitisations, also advises on derivatives and DCM topics and frequently assists providers of trust and agency services with their transactions in the German market. He is supported, among others, by Stefan Henkelmann, who covers a similarly broad range of legal areas.
Key clients
- European Investment Bank
- Banco Santander
Work highlights
- Advising M&G Investments, an international asset manager based in London, on the expansion of its position as a mezzanine investor in the first German solar securitisation of Enpal BV. This involves ABS with a volume of up to €356 million, which was further increased in 2023.
- Advising BNP Paribas as senior noteholder and arranger in connection with the asset-based dealer financing for AUTO1.