Austrian law firm Weber & Co. acted as legal counsel to Erste Group, LBBW, RBI and UniCredit in connection with the successful EUR 300 million issue by Raiffeisenlandesbank Vorarlberg . The Notes were issued on 13 November 2019.
14 November 2019.
The EUR 300,000,000 Mortgage Covered Notes, ISIN AT000B066840, were issued on 13 November 2019 under Raiffeisenlandesbank Vorarlberg Waren- und Revisionsverband registrierte Genossenschaft mit beschränkter Haftung's Debt Issuance Programme (Angebotsprogramm für Schuldverschreibungen und Zertifikate). The notes have a term of fifteen years as well as a denomination of EUR 100,000 each and are listed on the Official Market of the Vienna Stock Exchange.
Erste Group Bank AG, Landesbank Baden-Württemberg, Raiffeisen Bank International AG and UniCredit Bank AG acted as Joint Lead Manager for the issue. Wolf Theiss Rechtsanwälte (lead partner Alexander Haas) advised Raiffeisenlandesbank Vorarlberg as issuer. Already in September 2018, Weber & Co. had advised the Joint Lead Managers and Wolf Theiss Rechtsanwälte had advised Raiffeisenlandesbank Vorarlberg as issuer on another issue of EUR 500 million Mortgage Covered Notes (due 2025).
Christoph Moser, partner of Weber & Co., who headed the team advising the Joint Lead Managers: "The issue of Mortgage Bonds by Raiffeisenlandesbank Vorarlberg was again a successful transaction. We are grateful that the Joint Lead Managers again relied on our legal expertise for this new debt issuance."
Transaction team Weber & Co.: Christoph Moser (partner, lead), Angelika Fischer, Johann Gasser (both associates).
About Weber & Co.
Weber & Co. is a leading Austrian law firm and regularly assists issuers and financial intermediaries in equity and debt financing in the capital markets. On the basis of its long-standing tradition, Weber & Co. with its specialized team of lawyers offers legal services in all areas of Austrian, European and international finance and business law. Our partners are highly recognized specialists in their respective field of specialisation and committed to the highest standards of legal service and proficiency. Debt capital market transactions including corporate bonds and mortgage covered bonds are a core expertise of the firm in the field of capital market law.