Umgekehrte Wandelschuldverschreibungen als Mittel zur Finanzierung und Sanierung von in der Rechtsform der Aktiengesellschaft organisierten Unternehmen der Realwirtschaft.

»Reverse Convertible Bonds as a Means to Finance and Restructure Real Economy Enterprises organised in the Legal Form of a Stock Corporation« The stock corporation and insolvency law related questions concerning the use of reverse convertible bonds to finance and restructure real economy enterprises organised as stock corporations are manifold. In conclusion, there are no insurmountable hurdles to such use of reverse convertible bonds from a stock cooperation and insolvency law perspective. It is however not possible to give a blanket answer as to whether such use of reverse convertible bonds is reasonable in each individual case.