Wolf Theiss has advised Kommunalkredit Austria AG on its successful issue of ordinary senior eligible notes in the amount of EUR 300 million. Schoenherr advised joint lead managers Erste Group Bank AG, Landesbank Baden-Wurttemberg, and Raiffeisenbank International AG, and co-lead manager Landesbank Hessen-Thuringen Girozentrale.
The issuance is part of Kommunalkredit's EUR 800 million debt issuance program. The notes have a term of three years, mature in May 2024, and have a denomination of EUR 100,000 each. They are admitted to the Official Market of the Vienna Stock Exchange.
Schoenherr's team consisted of Partner Christoph Moser and Associate Angelika Fischer, among others.
Wolf Theiss's team consisted of Partner Alexander Haas, Counsel Eva Stadler, Senior Associate Nikolaus Dinhof, and Associate Sebastian Prakljacic.