Weber & Co has advised Wienerberger AG, a Vienna-based supplier of building materials and infrastructure solutions, on its June 4, 2020 issuance of EUR 400 million of 2.750% 2020-2025 Bonds. Wolf Theiss advised joint lead managers BNP Paribas, Raiffeisen Bank International AG, and UniCredit on the issuance.
The bonds, which have a denomination of EUR 100,000, a maturity of five years, and an annual fixed coupon of 2.750%, were admitted to the Official Market of the Vienna Stock Exchange. According to Weber & Co., "the proceeds from the bond issue are to be used for general corporate purposes." The firm also reports that, "due to the high interest from Austrian and international institutional investors, the bond was approximately two and a half times oversubscribed.”
Weber & Co’s team included Partner Christoph Moser and Associates Sebastian Cibulka and Angelika Fischer.
Wolf Theiss’ team included Partner Alexander Haas, Senior Associate Nikolaus Dinhof, and Associate Sebastian Prakljacic.
