The Vienna office of Schoenherr has advised joint lead managers Commerzbank Aktiengesellschaft, Credit Agricole Corporate and Investment Bank, DekaBank Deutsche Girozentrale, Landesbank Baden-Wurttemberg, and Raiffeisenbank International AG, on the placement of EUR 500 million 0.5% mortgage covered notes due 2041 issued by Raiffeisen-Landesbank Steiermark AG. Wolf Theiss reportedly advised the issuer.
According to Schoenherr, “the notes were successfully issued under Austrian law on May 27, 2021 under Raiffeisen-Landesbank Steiermark AG's Notes Programme (Angebotsprogramm fur Schuldverschreibungen) and placed with professional clients and eligible counter-parties.” Furthermore, according to the firm, the notes have a denomination of EUR 100,000 each and have been admitted to trading on the Vienna Stock Exchange.
Schoenherr’s team consisted of Partner Christoph Moser and Associates Angelika Fischer and Hubertus Forsthuber.
