18
Thu, Apr
38 New Articles

Schoenherr and Wolf Theiss Advise on Volksbank Wien EUR 500 Million Green Note Issuance

Schoenherr and Wolf Theiss Advise on Volksbank Wien EUR 500 Million Green Note Issuance

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

Schoenherr has advised joint lead managers Danske Bank, DekaBank Deutsche Girozentrale, Erste Group Bank, Natixis, Raiffeisen Bank International, and UniCredit Bank on the EUR 500 million issuance by Volksbank Wien of 4.750% green ordinary senior eligible notes due March 2027. Wolf Theiss advised Volksbank Wien.

According to Schoenherr, “the notes, eligible for the minimum requirement for own funds and eligible liabilities purposes, were successfully issued under Austrian law on March 15, 2023, under Volksbank Wien’s notes issuance program and placed with institutional investors and eligible counterparties. The notes have a term of four years [...] and a denomination of EUR 100,000 and multiples thereof. They are listed on the Official Market of the Vienna Stock Exchange.”

Schoenherr and Wolf Theiss also advised, back in 2021, on another EUR 500 million Volksbank Wien note issuance (as reported by CEE Legal Matters on March 26, 2021).

Schoenherr’s team included Partner Christoph Moser, Attorney at Law Angelika Fischer, Associate Daniel Gritsch, and Paralegal Clemens Stockhammer.

The Wolf Theiss team included Partner Alexander Haas 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.

Firm's website:

Wolf Theiss – Leading Lawyers in CEE/SEE