Allen & Overy has advised Oesterreichische Kontrollbank on legal aspects of its public offering of USD 1.5 billion of 2.625% Guaranteed Global Notes due 2022.
The bonds are guaranteed by the Republic of Austria and will be listed on the regulated market of the Luxembourg Stock Exchange.
Oesterreichische Kontrollbank is Austria’s provider of financial and information services to the export industry and the capital market. Its main functions include the administration of export guarantees as agent of the Republic of Austria and the financing of Austrian exports.
Allen & Overy's Frankfurt-based team consisted of Partner Marc Plepelits, Senior Associate Martin Schmidt, and Associate Rita Nicole Thomas.