Capital increases and subordinated debt
We support recapitalisation of financial institutions — through shareholder contributions or subordinated debt.
Increase of share capital
- Timing the recapitalisation against regulatory deadlines - Documenting the source of funds contributed by each shareholder - Assessing the effect on the ownership structure and triggering a change-of-control filing where a threshold is crossed - Corporate resolutions, amendments to constitutional documents, registration filings - Coordination with auditors - Support through the regulator's review
Subordinated debt
- Structuring the facility: tenor, pricing, ranking on insolvency - Drafting or revising the agreement so that the proceeds qualify as capital - Removing terms that disqualify the instrument: early repayment without approval, security in favour of the lender, set-off rights - Verification of the lender's source of funds - Support through approval and inclusion of the proceeds in capital - Review of subsequent amendments so that the instrument retains its status
Where we work
Ukraine, the EU, the United Kingdom, Asia.