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  1. Banking & Finance
  2. International: Understanding the Schuldscheindarlehen

International: Understanding the Schuldscheindarlehen

20 May 2025    1 minute read
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SSD German Law CM Featured Content BF Featured Content

In brief

Welcome to the May edition of In the Know, Baker McKenzie's Leveraged Finance newsletter, which analyses significant trends and salient legal issues for participants in leveraged finance and high-yield markets in Europe and around the globe. 


Contents

Key Takeaways

In recent years, the Schuldscheindarlehen (SSD) has gained considerable traction as a preferred financing instrument among both German entities and international investors. While investors have become more discerning — now subscribing only top-tier creditors — the SSD continues to stand out as an attractive option on the periphery of the debt capital markets, offering appealing economic terms. 

This edition of "In the Know" aims to provide an overview of the SSD, its main characteristics, the corporate acts required, perfection requirements and tax implications.


Click here to access the publication.

To read more from our 'In the know' series please click here.

To sign up to receive our 'In the know' newsletter, please click here.

Contact Information
Dr. Oliver Socher LL.M.
Partner
Frankfurt
Read my Bio
oliver.socher@bakermckenzie.com
Matthias Töke
Partner
Frankfurt
Read my Bio
matthias.toeke@bakermckenzie.com
Sandra Wittinghofer
Partner
Frankfurt
Read my Bio
sandra.wittinghofer@bakermckenzie.com

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