aws Gründerfonds and WMWP Rechtsanwälte publish a practical guide for convertible loans: “In the last years, the convertible loan has become a well-established additional financing option for young businesses in Austria and it enjoys increasing popularity due to numerous reasons,” says Dr. Paul Koppenwallner, LL.M., partner of act legal Austria, WMWP Rechtsanwälte.
The guideline summarizes the essential key facts of the convertible loan as financial instrument and analyzes the following questions:
The authors Dr. Paul Koppenwallner, LL.M. and Bernhard Ungerböck, M.Sc., Investment Manager at aws Gründerfonds, pay particular attention to the legal, strategic and economic aspects of convertible loans. The guide is currently only available in German.