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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.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.