DLA Piper has advised UBM Development AG on the placement of a sustainability-linked bond with a value of EUR 100 million. Clifford Chance and Dorda advised joint lead managers, bookrunners, and dealer managers HSBC Continental Europe and Raiffeisen Bank International AG.
According to DLA Piper, “UBM Development's strategic focus is on green building and smart office in major cities including Vienna, Berlin, Munich, and Frankfurt. The company offers all development services from a single source, from planning to marketing. The shares are listed on the Prime Market of the Vienna Stock Exchange.”
DLA Piper’s team included Partner Christian Temmel and Senior Associate Christian Knauder.
Clifford Chance's team in Germany was led by Partner George Hacket.
Dorda's team was led by Partner Tibor Varga and included Associate Anneliese Keinrath.
