Schoenherr has advised OMV Aktiengesellschaft on a EUR 1 billion corporate bonds issuance with Barclays, Erste Group, Mizuho, Raiffeisen Bank International, Societe Generale, and UniCredit serving as joint bookrunners. White & Case's Frankfurt office advised the joint bookrunners.
OMV Aktiengesellschaft is an international integrated oil, natural gas, and chemicals company headquartered in Vienna.
According to Schoenherr, "the bonds were placed among international institutional investors as well as Austrian retail investors and issued in two tranches of EUR 500 million each, one with a seven-year term and the other with a 12-year term. The bonds are governed by German law and were issued based on OMV's EUR 14 billion euro medium-term note program. They have a denomination of EUR 1,000 each and are admitted to trading on the Official Market of the Vienna Stock Exchange as well as the regulated market of the Luxembourg Stock Exchange."
Earlier in 2024, Schoenherr advised OMV Slovakia on its acquisition of Benzinol filling stations (as reported by CEE Legal Matters on July 10, 2024) and also on OMV Petrom and Renovatio's partnership (as reported by CEE Legal Matters on January 11, 2024).
The Schoenherr team included Partner Christoph Moser, Attorney at Law Angelika Fischer, Associate Daniel Gritsch, and Paralegal Clemens Stockhammer.
