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Schoenherr and Wolf Theiss Advise on Kommunalkredit Austria EUR 250 Million Bond Issuance

Schoenherr and Wolf Theiss Advise on Kommunalkredit Austria EUR 250 Million Bond Issuance

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Wolf Theiss has advised Kommunalkredit Austria on its EUR 250 million issuance of 0.01% covered bank bonds. Schoenherr has advised the joint lead managers DZ Bank, Erste Group Bank, Landesbank Hessen-Thuringen Girozentrale, and Raiffeisen Bank International.

The notes were issued under Kommunalkredit's EUR 800 million debt issuance program, will mature in September 2028, and have a denomination of EUR 100,000 per bond. The bonds are listed on the Official Market of the Vienna Stock Exchange.

Kommunalkredit specializes in infrastructure and energy financing and facilitates the construction of infrastructure by balancing the financing needs of project sponsors and developers with investors looking for sustainable investment opportunities.

Schoenherr and Wolf Theiss also advised on Kommunalkredit's previous EUR 300 million note issuance (as reported by CEE Legal Matters on May 21, 2021).

The Schoenherr team consisted of Lead Partner Christoph Moser and Associates Angelika Fischer and Hubertus Forsthuber.

The Wolf Theiss team included Lead Partner Alexander Haas, Counsel Eva Stadler, Senior Associate Nikolaus Dinhof-Renezeder, and Associate Sebastian Prakljacic.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

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Wolf Theiss – Leading Lawyers in CEE/SEE