CMS Hasche Sigle

Comment: This firm respected for structured finance and debt issues has made progress, esp. in DCM advice. With the banking work on two €750m bonds from HSH Finanzfonds, the practice around Dreher rose to new heights. The team also made a name for itself in advice on bond transactions and on the creation and reorganization of CP programs. The structured finance practice continues to be active in OTC derivatives as well as on clearing topics, with clients incl. diverse German and international commercial banks. In addition, the firm also addresses questions on clearing and settlement infrastructure.
Recommended: Oliver Dreher.
Practice: Debt issues: advice on corporate bonds as well as EMTN and CP programs, registered bonds and bonded loans. Structured finance: OTC derivatives (incl. litigation following deals), securitizations, e.g. auto ABS. Clearing of financial instruments. (2 partners, 5 associates, 1 of counsel)
Clients: ?? BayernLB, DZ Bank, HSBC, UniCredit on €750m HSH Finanzfonds AöR bond; Barclays, Commerzbank, HSBC, UniCredit on (new) €750m HSH Finanzfonds AöR bond; Bayerische Landesbank, Société Générale on Agrial bond; BayernLB on reissuing of multi-currency CPP according to ICMA standards; Natixis Pfandbriefbank on bonded loan for municipalities.
  • Teilen