DLA Piper has advised Erste Group Bank on S Immo’s EUR 75 million green bond issuance under its EUR 300 million issuance program. Cerha Hempel reportedly advised S Immo.
The new green bond has a maturity of five years and an interest rate of 5.5% per annum.
Erste Group Bank was the sole arranger, dealer, and bookrunner.
S Immo is a real estate investment company based in Vienna. The real estate portfolio of S Immo consists mainly of offices, but also of commercial properties, hotels, and residential properties.
The DLA Piper team included Partner Christian Temmel and Counsel Christian Knauder.
Editor's Note: After this article was published, Cerha Hempel confirmed its involvement to CEE Legal Matters. The firm's team included Partner Volker Glas and Senior Counsel Christian Aichinger.