"With solid financing solutions, I can now focus on selling cars again."
You buy cars from Koch. That's clear. But in order for me to be able to concentrate on selling cars again, it was necessary to put the financing of Koch Automobile AG on a solid foundation. bdp supported us very much with a creative use of the legal possibilities.
In order to avoid the unmanageable outflow of liquidity at the final maturity of our bond, bdp informed us extensively about the innovative possibilities of the new bond law and advised us on how to convert the bond into preferred shares with a guaranteed dividend. This dept-to-equity swap was sovereignly supported by bdp and then successfully concluded with the issuance of the preference shares.