Wolf Theiss has advised Erste Group Bank on the successful issuance of EUR 750 million fixed to floating rate green preferred senior notes due 2033. CMS, working with Linklaters, advised the international banking syndicate working on the issuance including Danske Bank, Erste Group, Landesbank Baden-Wuerttemberg, Landesbank Hessen-Thueringen, Societe Generale, and TD Global Finance.
According to Wolf Theiss, “the notes have a maturity of eight years and were placed with institutional investors and eligible counterparties, offering an initial coupon of 3.25% per annum. They are listed on the Official Market of the Vienna Stock Exchange.”
The Wolf Theiss team included Partner Claus Schneider, Counsel Eva Stadler, Senior Associate Sebastian Prakljacic, Associates Rainer Holweg and Magdalena Bertsch, and Legal Trainee Negar Hashemi.
The CMS team included Partner Walter Gapp and Associate Lucas Dummer.
