Hengeler Mueller and Eisenberger & Herzog have advised BAWAG Group AG on all aspects of an AT 1 issuance in the amount of EUR 300 million.
Linklaters advised joint lead managers Citigroup Global Markets Limited, Morgan Stanley & Co. International plc and UBS Limited.
According to Eisenberger & Herzog, the AT1 issuance meets the regulatory requirements for additional tier 1 instruments and is listed on the Luxembourg Stock Exchange. BAWAG is strengthening its regulatory tier 1 capital with the issuance.
BAWAG Group is the listed holding company of Vienna-based BAWAG P.S.K..
The Eisenberger & Herzog team was led by Partner Josef Schmidt.
The Hengeler Mueller was led by Partner Alexander Rang and included Associates Caspar Schmelzer, Pascal Brandt, Thomas Hardaker, and Jan Letto Steffen.
Linklaters did not reply to an inquiry about the deal.