Capital markets in Austria

Cerha Hempel

Cerha Hempel's team is co-led by Edith Hlawati, who also heads the firm's banking and corporate finance team, and Clemens Hasenauer, head of corporate transactions, which reflects the team's cross-departmental capabilities and wide-ranging expertise spanning DCM and ECM. Recently, the practice has been particularly active in the former, assisting issuers with the issuance of bonds and advising banks on bond issuance programmes and various regulatory matters. Volker Glas, who represents issuers and underwriters, is another key member of the team. He handles debt and equity capital markets transactions as well as structured finance transactions and other associated transactional and finance matters, while Thomas Zivny is a key contact for corporate bonds and bank issuance programmes. Christian Aichinger, who was promoted to senior counsel in 2020, handles a wide range of capital markets, finance and corporate matters.

Practice head(s):

Edith Hlawati; Clemens Hasenauer

Other key lawyers:

Volker Glas; Peter Knobl; Thomas Zivny; Christian Aichinger

Testimonials

‘Top know-how, reliable, committed.’

‘Outstanding knowledge; fast response times, solution-oriented working and relatively moderate billing.’

‘Peter Knobl – absolute expert in his field.’

‘The main contact person is Volker Glas, who stands out for his easy-going personality, his solution-oriented work and his tremendous knowledge.’

‘Christian Aichinger stands out for his quick comprehension and convincing solution approaches. He works in great detail and precisely.’

Key clients

European Bank for Reconstruction and Development (EBRD)

Wiener Börse AG

Vienna Bar Association (RAK Wien)

Frequentis AG

nextbike GmbH

Raiffeisenlandesbank NÖ-Wien AG

Otto GmbH & Co KG

ING Groep NV

ING Bank N.V.

IRMA Investments

SPAR

S IMMO AG

CA Immobilien Anlagen AG

Raiffeisenlandesbank Oberösterreich Aktiengesellschaft

Work highlights

  • Advised CA Immobilien Anlagen AG on a €500m benchmark bond issue.
  • Advised the European Bank for Reconstruction and Development (EBRD) on the conversion of an indirect participation into a direct participation in the listed Addiko Bank AG, and subsequently advised EBRD on exercising its shareholder voting rights in Addiko Bank AG’s extraordinary general meeting held as a virtual meeting in July 2020.
  • Advised S IMMO AG on two liability management transactions, the issue of a €150m and a €100m bond.

Wolf Theiss Rechtsanwalte GmbH & CoKG

Wolf Theiss Rechtsanwalte GmbH & CoKG is a respected player in the Austrian capital markets space and stands out for its extensive DCM and structured finance expertise, including derivatives, while also demonstrating expertise in ECM. This strength is not least based on the team's close intertwining with the firm's robust banking and finance practice led by Nikolaus Paul, who is also a key contact for capital market transactions. Matthias Schimka's promotion to the partnership in June 2020 underlines this DCM focus, which translates into regular instructions from issuers and includes programme work and regulatory matters. Counsel Christine Siegl is another key contact for the latter as is Claus Schneider, who is also experienced in debt, hybrid and structured capital market issues. Richard Wolf, whose expertise spans the intersection between corporate finance, capital markets and M&A, and DCM and structured finance expert Alexander Haas are other names to note.

Practice head(s):

Nikolaus Paul

Other key lawyers:

Andrea Gritsch; Alexander Haas; Markus Heidinger; Claus Schneider; Richard Wolf; Matthias Schimka; Christine Siegl

Testimonials

‘Strong content focus, approachable and reachable at any time with swift and reliable advice.’

‘They are covering a huge portion of Austria’s capital markets transactions.’

‘Claus Schneider: outstanding advice in a calm and sensible manner, to the point and with swift reaction times.’

‘Claus Schneider: excellent industry knowledge, superb availability.’

‘Christine Siegl is a very dedicated lawyer; she always gives a swift and satisfactory response.’

Key clients

Addiko Bank AG

Raiffeisen Bank International AG

Erste Group Bank AG

Volksbank Wien AG

Sava RE d.d.

HYPO NOE Landesbank für Niederösterreich und Wien AG

ABN AMRO

Deutsche bank

DZ bank AG

UBS Switzerland AG

Walton Street Capital LLC

UniCredit Bank Austria AG

Eurex Clearing AG

Landesbank Hessen-Thüringen Girozentrale Anstalt des öffentlichen Rechts

Work highlights

  • Advising Addiko Bank AG and its local banking subsidiaries on the preparation and implementation of Addiko Bank AG’s initial public offering and listing at the Vienna Stock Exchange.
  • Advising Raiffeisen Bank International AG on the issue of a benchmark size green bond eligible for MREL purposes.
  • Advising Erste Group Bank AG as sole bookrunner and sole lead manager on a bond issue of S IMMO AG, and as dealer manager and exchange agent of an exchange and repurchase offer regarding bonds of S IMMO AG.

Binder Grösswang

Binder Grösswang handles a wide range of DCM and ECM work, including debt issuance programmes, bond issues and compliance alongside approval procedures before the Austrian Financial Market Authority (FMA). The team has been particularly active advising banks on bond issuance programme updates, which are frequently handled by Tibor Fabian, who is also a key contact for structured finance. Stephan Heckenthaler also has expertise at the intersection between capital markets and structured finance and, together with Michael Binder, also advises on regulatory matters. Florian Khol is an expert for issues at the interface between capital markets and corporate and M&A, including takeover law, while also providing regular compliance advice.

Practice head(s):

Florian Khol; Michael Binder; Tibor Fabian; Stephan Heckenthaler

Testimonials

‘Very efficient and well-organised practice, great to work with; they know the market very well.’

Key clients

BKS Bank AG

Oberbank AG

Steiermärkische Bank und Sparkassen AG

3-Banken Wohnbaubank AG

Raiffeisen Wohnbaubank AG

Hypo-Wohnbaubank AG

Salzburger Landes-Hypothekenbank AG

Bank für Tirol und Vorarlberg AG

Lenzing AG

VERBUND AG

Work highlights

  • Advised Commerzbank Aktiengesellschaft on the IPO of Frequentis AG.
  • Advised Egnathia Iniziative Turistiche E.I.T. SPA on a €120m corporate bond listing of Egnazia Turistiche spa on the Vienna Multilateral Trading System (MTF).
  • Advised Bank für Tirol und Vorarlberg AG on the structuring of an issuance programme for bonds, most notably on the capital market prospectus and on approval procedures at the Austrian Financial Market Authority (FMA).

DORDA Rechtsanwälte GmbH

DORDA Rechtsanwälte GmbH is well placed to assist domestic and international investment banks, issuers and investors with the full range of equity and debt issuance matters, including private placements and public offerings as well as structured and high-yield debt issuances. In doing so, the team frequently acts at the intersection between capital markets and takeover law as well as banking and finance and corporate law. Christoph Brogyányi and Andreas Mayr routinely act at this intersection as do Tibor Varga and Andreas Zahradnik, who are particularly known for their banking and finance expertise. Clients - most notably from the banking, real estate and automotive sectors - also regularly retain the practice to assist with regulatory and compliance issues.

Practice head(s):

Christoph Brogyányi; Andreas Mayr; Tibor Varga; Andreas Zahradnik

Key clients

HSBC Trinkaus & Burkhardt

UBS

ams AG

HSBC France

Work highlights

  • Advised the joint global coordinators UBS and HSBC Trinkaus & Burkhardt alongside other underwriters on the €1.65bn capital increase of ams AG.
  • Acting as local counsel, the team assisted the initial purchasers including HSBC, UBS, Citi, Bank of America Merrill Lynch, Credit Agricole, Deutsche Bank, Commerzbank, Morgan Stanley and Erste Group on the issue of €600m and $450m high-yield senior notes by Austrian ams AG, including a tap transaction of additional €200m and $50m notes.
  • Acted as Austrian counsel to HSBC in its role as sole structuring agent and sole initial purchaser in the context of the issue and placement of €150m deeply subordinated notes of the Austrian construction company PORR AG.

Schoenherr (Schönherr Rechtsanwälte)

Schoenherr (Schönherr Rechtsanwälte) covers a broad range of equity and debt capital markets transactions, including high-yields, and is well placed to advise on associated securitisation and structured finance matters as well as derivatives. These wide-ranging capabilities were further strengthened by the arrival of DCM and ECM expert Christoph Moser, who re-joined firm in January 2021 from Weber & Co. Attorneys-at-LawUrsula Rath, who, alongside ECM and DCM, also assists with financial services regulations and M&A transactions in the financial services industry, jointly heads the team with Peter Feyl, who has a focus on equity capital markets work and frequently acts at the intersection with banking, corporate and restructuring. Martin Ebner is a key contact for derivatives and structured finance. Clients include banks, national and international banking associations and investors.

Practice head(s):

Ursula Rath; Peter Feyl

Other key lawyers:

Christoph Moser; Martin Ebner

Testimonials

‘Very strong and dedicated expertise in capital market transactions and regulatory matters.’

‘Highly experienced, hands-on, deep knowledge of law, extremely responsive.’

‘Very efficient and incredibly quick response times – but still with fulsome answers and attention to detail.’

‘Schoenherr has a very strong network in Eastern and Southeastern Europe.’

‘We appreciate that Schoenherr provides its clients with a very high standard of individual and professional legal advice, having hands-on mentality and being solution-oriented.’

Legal services of high quality are provided in a timely manner with the highest degree of professional integrity and requisite technical competence.

‘Modern team with high synergies.’

‘Ursula Rath and her team stands out for their friendly manner, cooperation, competence and professionalism.’

‘Ursula Rath is technically excellent, very personable and always available to assist.’

‘We would like to emphasise the effort of Martin Ebner and Ursula Rath, who always aim to accomplish the best outcome for our interests. We appreciate the transparent and open way of communication, the proactive approach (e.g. making us aware of future legislative loopholes that could have a possible negative impact on us and provide us with proposals for solutions) and the concept to mutually learn from each other.’

‘For debt capital markets law-related questions my main contact is Ursula Rath. She is a great lawyer and a very pleasant person.’

Ursula Rath is highly motivated with high efficiency and great communication skills.

‘Ursula Rath – highly experienced, hands-on, deep knowledge of law, extremely responsive.’

‘Ursula Rath and Peter Feyl stand out for their hard and reliable work ethics, frank and friendly approach to discussions and a high degree of availability; together, they have a deep and broad range of experience.’

‘Peter Feyl and Ursula Rath: very competent and extremely personable, approachable and warm. Anticipated our issues proactively and provided invaluable insights. Negotiated very successfully on our behalf. Project was delivered on time, despite changes to the scope, and in very high quality. Always available to take the call, or called back as soon as possible. Very responsive to emails, and provided actionable feedback and to-the-point.’

‘Peter Feyl stands out for his impressive economic understanding and works hands-on on various issues based on extensive legal and regulatory know-how in international capital markets.’

‘The level of empathy the partners are able to demonstrate based on the long-lasting relationship; business-like and pragmatic approach to solving legal issues by highlighting various perspectives, issues and potential solutions.’

‘Christoph Moser stands out; very responsive; very good knowledge of corporate finance, DCM and ECM products; getting better and better in the restructuring space.’

Key clients

Barclays Bank PLC

BofA Securities Europe SA

Goldman Sachs International Bank

Nomura International plc

J.P. Morgan Securities plc

immigon portfolioabbau ag

UniCredit Bank Austria

Deutsche Bank

ISDA, FIA Europe, British Bankers’ Association, Austrian Economic Chamber

COFAG – COVID-19 Finanzierungsagentur des Bundes GmbH

Conda Crowdinvesting Europe

Credit Suisse AG

Advent International

ABBAG Abbaumanagementgesellschaft des Bundes

UBS Limited

UNIQA Insurance Group AG

Palfinger AG

Bank of America Merrill Lynch

Work highlights

  • Advising UNIQA Insurance Group AG on the successful placement of senior notes with an aggregate principal amount of €600m, and subordinated notes (tier 2) with an aggregate principal amount of €200m with institutional investors in Austria and abroad. The subordinated notes issuance involved tier 2 green notes, the first of its kind by an Austrian insurance company.
  • Advising the joint lead managers Barclays Bank PLC, BofA Securities Europe SA, Goldman Sachs International Bank, J.P. Morgan Securities plc, Nomura International plc and UniCredit Bank AG alongside Clifford Chance LLP on the Republic of Austria’s syndicated €7.5bn dual tranche notes issuances of March 2020.
  • Advising the initial purchasers – Goldman Sachs International, UBS AG, UniCredit Bank AG, Bank of Merrill Lynch and Credit Suisse AG – in connection with the purchase of €1bn senior unsecured notes from SIG, the first notes issuance of the group following its IPO in 2018.

Weber & Co. Attorneys-at-Law

At Weber & Co. Attorneys-at-LawStefan Weber is now the team's sole partner following Christoph Moser's return to Schoenherr (Schönherr Rechtsanwälte) in early 2021. Weber's experience spans the full spectrum of equity and debt capital markets work, which is carried out for issuers and banks. Recent work includes bond issues, equity-linked transactions and capital markets compliance.

Practice head(s):

Stefan Weber

Testimonials

‘A great firm.’

Key clients

Goldman Sachs

Citi

Erste Group

Raiffeisen Bank International

Wienerberger AG

OMV AG

S&T AG

JP Morgan

UniCredit Bank Austria AG

Vienna Insurance Group (VIG)

Work highlights

  • Advised OMV AG on the €1.5bn multi-tranche bond issue in June 2020, which procured for a 3-year and a 10-year tranche at a coupon of 0.000% and 0.750%, respectively.
  • Advised OMV AG on the €1.75bn multi-tranche bond issue in April 2020, which procured for a 4-year, an 8-year and a 12-year tranche. The transaction was the largest corporate bond issue by an Austrian issuer on the Vienna Stock Exchange.
  • Advised S&T AG, listed on the TecDAX and the Frankfurt Stock Exchange, on the issue of a new type of securities, which had never been publicly placed by an Austrian or German corporate issuer before. The transaction included two million warrants convertible into S&T AG shares after 36 months in case relevant share price thresholds are exceeded.

bpv Hügel

bpv Hügel has a focus on equity and equity-linked capital markets work, including cross-border transactions, and is well versed in handling compliance matters as well as mandates at the intersection with corporate law. Handling work at this interface is also part of practice head Christoph Nauer's skill set. He heads the practice from Mödling and routinely acts for investors and blue-chip issuers. Recently promoted partner Daniel Reiter is noted for his work involving listed companies and capital markets compliance issues.

Practice head(s):

Christoph Nauer

Other key lawyers:

Elke Napokoj; Daniel Reiter

Key clients

IMMOFINANZ AG

STRABAG SE

Hookipa Biotech AG

Valneva SE

BAWAG P.S.K.

Autobank AG

Constantia Flexibles GmbH

LGT Bank AG

BP plc

Raiffeisen Informatik GmbH

Raiffeisen-Group

Work highlights

  • Advised the shareholder Raiffeisen Informatik GmbH on the IPO of SoftwareONE Holding AG and its listing on the SIX Swiss Exchange.
  • Advised IMMOFINANZ AG on a combined share placement of treasury shares and new shares (approximately €236m) and the first-to-market issue of subordinated mandatory convertible notes (approximately €120m). Both placements were carried out in parallel by way of accelerated book-building procedures with institutional investors under exclusion of the shareholders’ subscription rights.
  • Advising Valneva SE on the delisting of its ordinary and preferred shares from the Vienna Stock Exchange valued at €317.2m.

CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH

CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH has increased its bench strength significantly over the past year, adding debt capital markets and regulatory expert Walter Gapp from Rautner Rechtsanwälte GmbH and Stefan Paulmayer, who is a key contact for financing-related work, from PwC Legal Austria-oehner & partner. The new arrivals boost the team's full-service capabilities in the ECM and DCM space, leading to regular transactional and regulatory instructions as well as corporate and finance-related mandates, such as takeovers and structured finance, from national and international companies. Martin Zuffer, who is well versed in providing combined transactional and regulatory advice, heads the practice.

Practice head(s):

Martin Zuffer

Other key lawyers:

Walter Gapp; Stefan Paulmayer

Key clients

Atrium European Real Estate

European Bank for Reconstruction and Development (EBRD)

Best in Parking

Satchi Holdings

GoLending

Helbiz

Cornelia Capital SpA

AGORA Immobilien

Erste Asset Management

REWE International

Arca Brokerage House

myfactor.io

Commerzbank

Work highlights

  • Advising Atrium European Real Estate on the public takeover bid via a scheme of arrangement which provides for a takeover combined with a squeeze-out.
  • Advising the European Bank for Reconstruction and Development (EBRD) in connection with the cross-border establishment of direct links between the Hungarian central securities depository (CSD) with the CSDs in Austria, Bulgaria, the Czech Republic and Romania.
  • Advising an international banking group on its self-arranged Additional Tier 1 Programme.

DLA Piper Weiss-Tessbach

DLA Piper Weiss-Tessbach's capital markets group is an integral part of the firm's corporate practice, and, as such, is well versed in handling equity and debt issues alongside capital markets-related corporate and M&A mandates, while its clients - many of which are listed companies - also receive assistance with general meetings. Christian Temmel heads the practice and routinely acts at the intersection with corporate and M&A and most notably handles transactions that involve listed securities and financial regulatory aspects.

Practice head(s):

Christian Temmel

Other key lawyers:

Maria Doralt

Testimonials

‘Commercial, efficient and pragmatic.’

‘Senior partner stays available throughout the transactions. Fast and pragmatic approach in solving controversial situations; offers competitive fees.’

‘Christian Temmel is great to work with. He is very knowledgeable and commercial.’

‘Christian Temmel is extremely reliable.’

Key clients

Ardagh Packaging Holdings

Nabriva Therapeutics

TTL Information Technology AG

Raiffeisen Bank International

PORR AG

UBM Development AG

Warimpex Finanz- und Beteiligungs Aktiengesellschaft

UniCredit Bank Austria AG

Erste Group Bank AG

Baader Bank AG

Work highlights

  • Advising PORR AG on the issue of a €150m hybrid bond which was subsequently placed with national and international institutional investors.
  • Assisting UBM Development AG with an exchange offer for old bonds and the parallel issue of a new €12m bond.
  • Assisted Schoeller-Bleckmann Oilfield Equipment AG with the implementation of the first-ever virtual general meeting of a listed company in German-speaking countries as an independent proxy voter.

Freshfields Bruckhaus Deringer

Herbst Kinsky Rechtsanwalte GmbH

Herbst Kinsky Rechtsanwalte GmbH has a fine reputation in the fintech and start-up space, advising clients on various capital markets matters such as prospectus preparations, cryptocurrency issues, IPOs and ICOs, FMA proceedings and compliance. Typically, its work lies at the intersection with finance, corporate and venture capital, which is a reflection of co-team heads Philipp Kinsky's and Phillip Dubsky's expertise.

Practice head(s):

Philipp Kinsky; Phillip Dubsky

Testimonials

‘Legal knowledge and practical approach.’

‘Very good legal knowledge, availability, case management and communication.’

‘Philipp Kinsky is a go-to-guy for capital markets for young entrepreneurs and start-ups; he has established a decent track record for start-up capital market transactions.’

‘Philipp Kinsky is sharp-minded, commercial and committed and goes extra miles for clients.’

‘Philipp Kinsky is unique in terms of quality, commitment and personality.’

Key clients

ams AG

SpeedInvest

Wolftank

4 IST-Cube/IST Austria (Institute of Science and Technology Austria)

Marinomed Biotech AG

Apeiron Biologics AG

Trality

Tauros

Round 2 Capital

C & P Immobilien

Work highlights

  • Advising ams AG on the acquisition of OSRAM Licht AG, which included assistance with the prospectus required for the company’s capital increase, and with FMA negotiations.
  • Advising SpeedInvest, an early-stage venture capital fund, on the incorporation of the fund Si III, and on the structuring of the special fund Fintech Growth Funds Europe GmbH & Co KG.
  • Advised APEIRON Biologics AG on the rights issue with a private placement of €11.9m, with Vienna Insurance Group as the lead investor of the financing round.

Baker McKenzie Rechtsanwälte LLP & Co KG

Working closely with its colleagues in the Frankfurt, London and US offices, Baker McKenzie Rechtsanwälte LLP & Co KG's team is well placed to provide integrated US and Austrian capital markets law advice. The team has been particularly active in the compliance space while team head Eva-Maria Ségur-Cabanac is also experienced in equity issues and in representing clients in capital markets-related disputes.

Practice head(s):

Eva-Maria Ségur-Cabanac

Key clients

s Wohnbaubank AG

Österreichische Post AG

Fomento de Construcciones y Contratas SA / FCC Construccion SA

Work highlights

  • Advising Fomento de Construcciones y Contratas SA and its subsidiary FCC Construccion SA in connection with the insolvency of its Austrian subsidiaries Alpine Holding and Alpine Bau GmbH. The advice includes significant issues of capital markets law due to the issuance of three listed bonds.
  • Ongoing advice provided to s Wohnbaubank AG in connection with the annual updates of the base prospectus.

BRANDL TALOS Attorneys at law

BRANDL TALOS Attorneys at law is best known for advising funds, most notably venture capital funds, alongside investment companies and corporates on regulatory matters and capital markets law issues arising from financing rounds. The core team consists of founding partners Ernst Brandl and Thomas Talos as well as Christopher Schrank and Roman Rericha, who frequently act at the various crossovers between capital markets law and adjacent practice areas such as banking and finance, corporate and litigation.

Practice head(s):

Ernst Brandl; Thomas Talos; Christopher Schrank; Roman Rericha

Testimonials

‘We mainly work with Ernst Brandl and Christopher Schrank, who have truly excellent expertise in this area. We value not only their reliability, but that they also understand our business and provide fast, clear and relevant advice.’

Key clients

Wolftank-Adisa Holding AG

GoLending AT GmbH

Biovertis AG

VMS (VMS-REB 3 Beteiligungen GmbH)

APEX Ventures GmbH

capital300 GmbH

Work highlights

  • Advised various venture capital funds on the registration process with the Austrian Financial Market Authority (FMA) and on the implementation of compliant fundraising and marketing processes.

E+H Eisenberger + Herzog

E+H Eisenberger + Herzog has a core focus on matters at the intersection with corporate and finance and advises financial services institutions and corporates on various debt and equity capital markets transactions. This includes assistance with the update of debt issuance programmes, derivative master agreements and regulatory matters. Head of the firm's corporate and M&A practice as well as its banking and finance team Peter Winkler is the key contact.

Practice head(s):

Peter Winkler

Other key lawyers:

Josef Schmidt

Testimonials

‘Very strong team with fantastic leadership of partners, exceptional knowledge of both legal issues and the market. Highest standards of professionalism.’

Exceptional availability, engagement and quality.

‘Peter Winkler is an outstanding capital markets lawyer. Not only detailed legal expertise but also genius negotiator and strategist. He has a very strong team and co-partners. Strong orientation towards practical solutions.’

Key clients

Ronny Pecik Group

Wiener Stadtwerke

FIBA (main shareholder of Best Water Technology Group)

Capital Bank – GRAWE GRUPPE AG

BAWAG Group AG / BAWAG P.S.K: Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft

Kommunalkredit Austria AG

KA Finanz AG

REWE International Finance B.V.

Arvato Payment Solutions GmbH

ImmoFonds

Work highlights

  • Advising a vehicle formed by investors on the acquisition and financing of a large stake in IMMOFINANZ AG (listed on the Vienna Stock Exchange) from the Fries Group.
  • Advising Wiener Stadtwerke GmbH on its bid to acquire a stake in EVN AG held by EnbW Trust eV.
  • Advising FIBA, the main shareholder of Best Water Technology Group, on the squeeze-out of all other shareholders of the group, a former ATX listed company.

Müller Partner Rechtsanwälte

Providing compliance advice constitutes a key portion of Müller Partner Rechtsanwälte's capital markets workload, including advice on stock exchange law and market abuse regulations, while it also provides assistance with capital markets transactions in the small and midcap segment. Clients include listed companies, banks, investment firms and venture capital firms. Capital markets compliance expert Gernot Wilfling heads the practice.

Practice head(s):

Gernot Wilfling

Key clients

Frauenthal Holding AG

Vienna Insurance Group AG

Rockets Holding GmbH

EVN AG

OMV Aktiengesellschaft

Erste Group Bank AG

Josef Manner & Comp AG

CMTA GmbH

Jugend eine Welt

Zurich Versicherung AG

Amlogy GmbH

Work highlights

  • Advising Vienna Insurance Group AG on all capital markets compliance matters.
  • Advising CMTA GmbH and its shareholders on the transformation from a limited liability company to a stock corporation.
  • Assisted new client EVN AG with its disposal of shares to employees via a public share offering.

Rautner Rechtsanwälte GmbH

Name partner Uwe Rautner is the main contact in Rautner Rechtsanwälte GmbH's capital markets and banking and finance team. Based on Rautner's personal expertise, much of the practice's work lies at the intersection between DCM and finance and includes regulatory matters. Clients are typically banks. Debt capital markets expert Walter Gapp joined CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH in 2020.

Practice head(s):

Uwe Rautner

Testimonials

‘We have been highly satisfied with the quality and speed of all of Uwe Rautner’s work.’

Key clients

UniCredit Bank Austria AG

Erste Group Bank AG

Kommunalkredit Austria AG

DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main

BNP Paribas

HSBC bank plc

Danske Bank A/S

Bank of America Merrill Lynch

oekostrom AG

Société Générale

Work highlights

  • Advising the arranger Erste Group AG on the implementation of its Multi Issuer EMTN program.
  • Advising Bank of America Merrill Lynch, Citibank, JP Morgan and HSBC on subordinated bonds pertaining to Erste Group’s tender offer and on the parallel issuance of a €500m Tier 2 bond by the group.
  • Advising Danske Bank A/S, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Erste Group Bank AG, ING Bank N.V., NATIXIS and UniCredit Bank AG in connection with the issuance of €750m Senior Preferred Notes under the Multi Issuer EMTN Programme of Erste Group.