Schoenherr has advised joint lead managers Danske Bank, DekaBank Deutsche Girozentrale, Erste Group Bank, Natixis, Raiffeisen Bank International, and UniCredit Bank on the EUR 500 million issuance by Volksbank Wien of 4.750% green ordinary senior eligible notes due March 2027. Wolf Theiss advised Volksbank Wien.
According to Schoenherr, “the notes, eligible for the minimum requirement for own funds and eligible liabilities purposes, were successfully issued under Austrian law on March 15, 2023, under Volksbank Wien’s notes issuance program and placed with institutional investors and eligible counterparties. The notes have a term of four years [...] and a denomination of EUR 100,000 and multiples thereof. They are listed on the Official Market of the Vienna Stock Exchange.”
Schoenherr and Wolf Theiss also advised, back in 2021, on another EUR 500 million Volksbank Wien note issuance (as reported by CEE Legal Matters on March 26, 2021).
Schoenherr’s team included Partner Christoph Moser, Attorney at Law Angelika Fischer, Associate Daniel Gritsch, and Paralegal Clemens Stockhammer.
The Wolf Theiss team included Partner Alexander Haas and Associate Sebastian Prakljacic.