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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

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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.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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