Karsten Wöckener represents banks and non-banks, including ﬁnancial technology (fintech) companies and legal technology companies in connection with issuing and trading platforms of structured products and derivatives (blockchain solutions). He also advises a German fintech company which provides financial institutions and financial service providers with technology which enables such market participants to fulfill financial regulatory requirements.
Furthermore, Karsten Wöckener is an active adviser in the establishment of the Frankfurt Main Finance Dialogue Forum Fintech Frankfurt Rhein-Main and through this role is very close to new developments in the fintech industry.
Moreover, Karsten advises issuers and investment banks on capital markets matters.
He focuses on the issue, underwriting and placement of all types of investment grade and high-yield bonds, promissory notes (Schuldscheine), covered or secured, convertible (equity linked) and hybrid instruments (including AT1 and Tier 2 instruments), and structured, as well as securitisation products.
Drawing on his knowledge of the sector, Karsten has helped numerous clients with structuring, placing and/or listing of these products. This work includes supporting them with their post-admission obligations, and ensuring they are compliant with all of the relevant regulations.
Karsten also advises issuers and banks on establishing or updating their Debt Issuance Programmes/EMTN Programmes, CP Programmes, Structured Note Programmes and secured asset platforms.
He delivers perceptive and valuable advice on liability management (tender offers), issuer's substitutions and the restructuring of outstanding bonds on the basis of the German Bond Act (SchVG).
Advised Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Mizuho International plc and UniCredit Bank Austria AG on the EUR 1 billion bond issue of OMV Aktiengesellschaft.
Tank & Rast
Advised Tank & Rast on its EUR 300 million bonds issue under its EUR 5 billion EMTN Program.
Advised ABN, Crédit Agricole, ING, Société Générale and LBBW on the debut Green Bond issue issuance of LBBW with a total volume of EUR 750 million.
Santander Consumer Bank
Advised Santander Consumer Bank AG on its debut covered bond issue with a total volume of EUR 250 million.
Consus Real Estate
Advised Consus Real Estate AG, a leading German real estate developer, on its debut bond issue with a total volume of EUR 200 million.
Dream Global REIT
Advised Morgan Stanley & Co International plc as Sole Lead Manager in connection with the placement of notes issued by a financing vehicle of the Canadian Dream Global REIT with a total volume of EUR 375 million.
Advised the Underwriters on the EUR 13 billion capital increase of UniCredit S.p.A.
Advised a consortium of banks led by Bank of America Merrill Lynch, Citigroup, Deutsche Bank, JP Morgan, Société Générale and UniCredit on the establishment of the EUR 5 billion Debt Issuance Program of Covestro AG and the EUR 1.5 billion debut bond issue thereunder.
Advised Deutsche Bank as arranger on the placement of the debut Schuldschein of Otto Bock Holding GmbH & Co. KG with a total volume of EUR 600 million.
Advised Austrian energy company VERBUND AG on the first Green Bond of an Austrian company with a total volume of EUR 500 million.
"Green Financing – Recent Developments on Green bonds": Vienna
"The legal challenges for European-wide private placements: More than just a documentation issue": The European Private Placement Seminar, Frankfurt
Negative interest rates affect capital markets law, p.9, Börsen-Zeitung, August 8th 2015, (Negative Zinsen beeinflussen Kapitalmarktrecht) (co-author with Markus Langen)
Frankfurt Kommentar, Schuldverschreibungsgesetz (§§ 7, 8 and 18), 2013
Hopt / Seibt Otto Schmidt Verlag, Schuldverschrebungsrecht (§§ 1,2 and 3), 2017
Fairness-Kodex für bessere Produktinformation, Boersen Zeitung, 2013
Highly recommended lawyer, JUVE 2017/2018
Debt Capital Markets
Leading Lawyer, Chambers Europe 2018 and Chambers Global 2018, Germany
Capital Markets: Debt
Highly regarded lawyer - Debt Capital Markets, IFLR1000 2018
Chambers Europe 2017
Karsten Wöckener has carved out a reputation on the DCM side. He acts for numerous high-profile issuers and underwriters on all types of bonds, including promissory notes, convertibles and hybrid instruments.