Worms Advisory advises large companies, predominantly of the German „Mittelstand“, regarding the planning, preparation and, particularly, the implementation of mid- to long-term financing.
Worms Advisory operates independently from banks and works with companies from different industries.
The focus of our work is on advising and accompanying clients during the process of marketing and discussions with institutional investors regarding suitable debt instruments.
Well established companies with annual revenues of approximately at least EUR 100mm and a financing need of typically not less than EUR 10mm (per transaction) obtain numerous advantages through transactions advised on by Worms Advisory.
Advantages can include, but are not limited to:
- Diversification, particularly: extension, of the liability portfolio
- Improved asset-liability matching (long term investments/assets are re-financed through long-term liabilities)
- Improved strategic financial planning by extension of maturity of liabilities
- Fewer and/or softer financial covenants relative to existing loan contracts
- Comparatively lean documentation
- Lower interest burden (reduced interest rates)
- Reduced risk of interest rate changes through fixed rate interest instruments with longer maturity dates
- Decreased dependence on banks
- Stronger position vis-a-vis existing creditors
- Improved rating profile
- Swifter transaction implementation compared to bilateral or syndicated bank loans
- Expansion and diversification of the financing toolbox and funding instruments