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Wolf Theiss and CHSH Advise on S IMMO Bond Issuance

Wolf Theiss and CHSH Advise on S IMMO Bond Issuance

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Wolf Theiss Austria has advised Erste Group Bank in arranging and placing two Sparkassen Immobilien bond issuances. S Immo was advised by Cerha Hempel Spiegelfeld Hlawati.

The banks involved in the process were Oberbank, serving as Senior Co-Lead Manager, and Allgemeine Sparkasse Oberosterreich Bankaktiengesellschaft, serving as Co-Manager in the deal, as well as Erste Group Bank, which was responsible for arranging and placing the bond issuances.

The total value of the fixed-interest bonds is EUR 150 million and include the issue of fixed-interest bonds with terms of six and twelve years. The fixed-interest bonds will be listed on the official market of the Vienna Stock Exchange in the corporates prime segment. The coupon on the issue of fixed-interest bonds was set at around 1.75 percent for the six-year bond and 2.9 percent for the 12-year bond.

The Wolf Theiss team consisted of Partner Alexander Haas and Associate Nikolaus Dinhof.

The Cerha Hempel Spiegelfeld Hlawati team consisted of Partner Volker Glas, Senior Attorney Christian Aichinger, and Associate Michael Soukup.