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This April, the new EU foreign investment screening regulation entered into force, with terms scheduled to become applicable on October 11, 2020. The regulation was conceived and designed to provide member states with a valuable tool to employ in defending their strategic interests. We spoke to several experts in the region to learn more.

Wolf Theiss has advised Raiffeisen Bank International AG on the issue and listing of a EUR 750 million Green Bond. White & Case advised a syndicate consisting of Barclays Bank Ireland PLC, Credit Agricole Corporate and Investment Bank, Raiffeisen Bank International AG, Societe Generale, and UniCredit Bank AG on the issuance.

Kamila Seberova, Radka Nenickova, and Tereza Naucova have joined Wolf Theiss in Prague as Counsels, Dita Sulcova has joined as a Tax Consultant, and Filip Michalec has joined as a Senior Associate.

Wolf Theiss has advised Raiffeisen Bank International AG as issuer of EUR 500 million Tier 2 Notes and on a tender offer for the repurchase of EUR 500 million Subordinated Callable Fixed Rate Reset Notes due February 2025. Freshfields Bruckhaus Deringer Germany advised RBI in connection with the tender offer and White & Case Frankfurt, acted as the legal advisor to joint lead managers RBI, BNP Paribas, Citi Bank, UBS, and Bank of America Merrill Lynch.

Wolf Theiss Bucharest has advised Ingka Investments on its August 28, 2019 acquisition of an 80% shareholding in seven companies owning wind power plants with an aggregate installed capacity of 171MW from Vestas Wind Systems A/S, which retains the remaining 20% shareholding. Reff & Associates reportedly advised Vestas on the transaction, which was valued at approximately EUR 136 million and is expected to close by the end of the year.

Weber & Co. has acted as legal counsel to joint lead managers Erste Group Bank AG, HSBC France, ING Bank N.V., Landesbank Baden-Wurttemberg, and Nykredit Bank A/S in connection with the successful September 11, 2019 issue by Erste Group Bank AG of a EUR 500 million 0.010% Mortgage Pfandbriefe under the bank's Covered Bonds Programme. Wolf Theiss was issuers counsel.

Fellner Wratzfeld & Partner, working with Linklaters, Wolf Theiss, and Gleiss Lutz, achieved the successful implementation of a "Company Voluntary Agreement," paving the way for the financial restructuring of the Steinhoff Group. Binder Groesswang and Allen & Overy advised the international creditor coordinating committee consisting of banks and funds. Latham & Watkins and Dorda advised the Secondary creditor committee, while Eisenberger & Herzog and Kirkland & Ellis advised the convertible bondholder.

Wolf Theiss has advised Miba AG, acting through its Miba eMobility GmbH subsidiary, on its acquisition of a stake in VOLTLABOR and establishment of a joint venture in the field of battery systems for mobile applications with the company.