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DLA Piper Advises on S Immo EUR 75 Million Green Bond Issuance

DLA Piper Advises on S Immo EUR 75 Million Green Bond Issuance

Austria
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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.

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