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Weber & Co. and Wolf Theiss Advise on Erste Group Mortgage Pfandbriefe

Weber & Co. and Wolf Theiss Advise on Erste Group Mortgage Pfandbriefe

Austria
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Weber & Co. has acted as legal counsel to joint lead managers Erste Group Bank AG, HSBC France, ING Bank N.V., Landesbank Baden-Wurttemberg, and Nykredit Bank A/S in connection with the successful September 11, 2019 issue by Erste Group Bank AG of a EUR 500 million 0.010% Mortgage Pfandbriefe under the bank's Covered Bonds Programme. Wolf Theiss was issuers counsel.

The bonds will mature in 2029 and a denomination of EUR 100,000 each. They are listed on the Official Market of the Vienna Stock Exchange.

In May 2019, Weber & Co. advised the joint lead managers and Wolf Theiss advised Erste Group as issuer on another issue of EUR 500 million Mortgage Pfandbriefe Hypothekenpfandbriefe (due 2034).

The Weber & Co. transaction team was led by Partner Christoph Moser and included Associate Angelika Fischer.

The Wolf Theiss team was led by Partner Claus Schneider and included Counsel Eva Stadler, Associates Nikolaus Dinhof, Sebastian Prakljacic, and Dominik Thill.