22
Wed, Sep
48 New Articles

Wolf Theiss and Freshfields Advise on Raiffeisen Bank’s RON 1.2 Billion Issuance

Wolf Theiss and Freshfields Advise on Raiffeisen Bank’s RON 1.2 Billion Issuance

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wolf Theiss has advised Romanian Raiffeisen Bank S.A. on its RON 1.2 billion issuance of senior non-preferred eligible green notes with a fixed annual coupon of 3.793%. Freshfields Bruckhaus Deringer advised Raiffeisen Bank on German law matters.

Raiffeisen Bank International AG and Raiffeisen Bank S.A. were responsible for the placement of the notes as joint lead managers.

According to Wolf Thiess, “the notes issue was addressed to institutional investors and has a tenor of 7 years. With a demand of approximately RON 1.35 billion, the placement was oversubscribed almost 1.35 times. The notes are intended to be eligible for MREL (Minimum Requirement for Own Funds and Eligible Liabilities) purposes, based on the confirmation of the National Bank of Romania.”

Wolf Theiss’s team included Partners Alexander Haas and Claudia Chiper, Senior Associates Nevena Skocic and Nikolaus Dinhof, and Associates Andreea Tudorache and Sebastian Prakljacic.

Freshfields Bruckhaus Deringer’s team included Partners Stephan Pachinger and Christoph Gleske, Principal Associates Christian Joellinger and Birgit Schulz, and Associate Benedikt Graf.

Romanian Knowledge Partner

MPR Partners is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Asociatii as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners can be found at www.mprpartners.com.

All News about MPR Partners can be found here.

Our Latest Issue