Jointly steered by Volker Glas, Peter Knobl, and Thomas Zivny, Cerha Hempel excels in both regulatory and transactional work, with areas of expertise including stock exchange law, market abuse prevention, and bond issuances, with a particular emerging focus on green bonds. Glas handles the full range of corporate finance transactions, with notable experience in debt and equity transactions, while Knobl’s focus includes compliance matters and stock exchange services. Described as an ‘excellent lawyer’, Thomas Zivny’s recent workload includes advice regarding a €2bn medium-term note programme, while Christian Aichinger combines knowledge of capital markets, banking and finance, and corporate law to provide comprehensive advice to the firm’s clients.

Providing ‘extraordinary support with a deep knowledge of markets and clients’ needs’, Schoenherr (Schönherr Rechtsanwälte) demonstrates strength in debt and equity-linked transactions, regulatory capital-related matters, and issuances of covered bonds, green bonds and sovereign debt. Handling domestic as well as cross-border transactions, offerings, stock exchange listings, and bond issuances, Ursula Rath maintains close relationships with a roster of clients encompassing issuers, selling shareholders, financial institutions, and investors. Rath leads the department alongside the ‘highly experienced’ Christoph Moser, who specialises in debt and equity capital market transactions, corporate finance and securities law. Contributing to most of the team’s transactions, Angelika Fischer is another key name in the team.

Predominantly instructed by banks and other financial institutions, Wolf Theiss Rechtsanwälte GmbH & Co KG offers well-rounded experience handling debt capital markets-related matters, with clients appreciating the team’s ‘perfect market overview’. Regularly acting in a range of cross-border matters, the group comfortably handles advice on the digitalisation of bond and debt issuances programmes, especially in relation to green bonds. Practice head Claus Schneider‘s expertise includes debt, hybrid and structured capital market matters, while Christine Siegl is described as an ‘outstanding lawyer for regulatory matters’. Richard Wolf is another key contact. Alexander Haas left the firm in 2023.

Operating across the full range of capital market transactions, Binder Grösswang has a particularly strong track record of advising on capital increases and bond issuances. Praised for his ‘high level of technical knowledge’, Florian Khol is sought out by national and international issuers, banks, listed companies and investment funds, with his areas of expertise including cross-border equity as well as debt and hybrid capital markets transactions. The latter also represents a specialism of Austria and New York-qualified expert Stephan Heckenthaler, while Tibor Fabian focuses primarily on debt capital markets, as does Stefan Frank, who also offers proficiency in fund-related issues.

Equity and equity linked products are at the core of bpv Hügel‘s offering, with the team’s expertise extending to structuring topics, share acquisition, public takeovers, which are a specialism of lead Christoph Nauer, and cross-border mergers. Roland Juill‘s recent work highlights include advising STRABAG on capital measures to reduce MKAO Rasperia Trading Limited’s shareholding as an effect of EU sanctions, while Barbara Valente specialises in capital markets transactions and compliance. Daniel Reiter left the firm in March 2023.

Described by international clients as ‘go-to firm for capital markets law in Austria’, DORDA Rechtsanwälte GmbH focuses on equity capital market transactions with notable expertise in acting for issuers in the banking, real estate and automotive industries, and the team is also increasingly instructed by clients to advise on capital markets compliance matters as well as public takeovers. Andreas Mayr is well-versed in both equity and debt capital markets-related matters, while corporate law expert Christoph Brogyányi, Andreas Zahradnik, and Tibor Varga are also important members of the team.

Leveraging the firm’s international network, CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH is a one-stop shop for matters related to initial public offerings, corporate bond and debt issuance programs, and promissory notes. Regulatory advice is one of the team’s noted strengths and a focus area of practice head Martin Zuffer as well as of Walter Gapp, who also offers clients a specialism in securitization transactions. Philipp Mark is highlighted by clients for delivering ‘best-in-class results’.

Weber & Co. Attorneys-at-Law specialises in sustainable finance, DCM and ECM transactions as well as handling regulatory structures and has recently acted on capital increases, debt issuance programmes and compliance matters. The team is headed by Stefan Weber, whose practice encompasses restructurings of stock exchange listed companies, cross-border transactions and regulatory matters, and Philipp Baubin, who deals alongside Weber with the firm’s most significant transactions and is recommended by clients for his ‘capacity to bring different and creative solutions’.

DLA Piper Weiss-Tessbach Rechtsanwälte GmbH operates across equity and debt capital markets as well as related corporate and M&A matters, with recent activities including an emerging focus on green bond issuances. Christian Temmel leads the team and offers expertise in transactions with listed securities and regulatory aspects, while Maria Doralt combines a broad knowledge of corporate finance and capital markets instruments.

Led by Peter Winkler, E+H Rechtsanwälte GmbH advises clients with an interdisciplinary approach, working seamlessly with the firm’s corporate, M&A, banking and finance, and regulatory practice groups to handle both debt and equity capital markets transactions. ‘Stand-out lawyer’ Dominik Juster joined the team in November 2022 from Simpson Thacher & Bartlett LLP and is dual-qualified in Austria and New York, as is Josef Schmidt, whose multi-faceted practice includes an emerging focus on private equity-related matters.

Herbst Kinsky Rechtsanwalte GmbH is capable of handling public takeovers, public offerings through crowd investing platforms, and alternative financial offerings, and the team also regularly advises on bond issuances, public offerings and shareholding matters. Practice head Philipp Kinsky is described as ‘one of the most experienced and best lawyers in Austria when it comes to start-ups’. Johannes Frank has been promoted to partner in January 2023 and is a key contact for alternative investment fund-related work.