29
Fri, Mar
48 New Articles

Wolf Theiss and Schoenherr Advise on Kommunalkredit Note Issuance

Wolf Theiss and Schoenherr Advise on Kommunalkredit Note Issuance

Austria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wolf Theiss has advised Kommunalkredit Austria AG on its successful issue of ordinary senior eligible notes in the amount of EUR 300 million. Schoenherr advised joint lead managers Erste Group Bank AG, Landesbank Baden-Wurttemberg, and Raiffeisenbank International AG, and co-lead manager Landesbank Hessen-Thuringen Girozentrale.

The issuance is part of Kommunalkredit's EUR 800 million debt issuance program. The notes have a term of three years, mature in May 2024, and have a denomination of EUR 100,000 each. They are admitted to the Official Market of the Vienna Stock Exchange.

Schoenherr's team consisted of Partner Christoph Moser and Associate Angelika Fischer, among others.

Wolf Theiss's team consisted of Partner Alexander Haas, Counsel Eva Stadler, Senior Associate Nikolaus Dinhof, and Associate Sebastian Prakljacic.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu