Wolf Theiss has advised Raiffeisenlandesbank Niederoesterreich-Wien on its green bond issuance of EUR 500 million in 3.375% Callable Fixed to Floating Rate Green Ordinary Senior Eligible Notes due 2032. Hogan Lovells reportedly advised the international banking consortium working on the issuance.
According to Wolf Theiss, the transaction marks the first green bond issuance by Raiffeisenlandesbank Niederoesterreich-Wien and represents a significant milestone in the bank’s sustainable finance strategy.
The notes have a six-year maturity and were placed with institutional investors and eligible counterparties. They are listed on the Official Market of the Vienna Stock Exchange and on the Regulated Market of the Luxembourg Stock Exchange. An amount equivalent to the net proceeds of the notes will be allocated exclusively to finance or refinance eligible green assets in accordance with the bank’s Sustainability Bond Framework.
The Wolf Theiss team included Partners Claus Schneider and Eva Stadler, Counsel Nikolaus Dinhof-Renezeder, Senior Associates Sebastian Prakljacic and Alexander Quendler, and Associate Magdalena Bertsch.
