Erste Group Bank’s €1.5 Billion Pfandbriefe Offering

Wolf Theiss Rechtsanwälte advised Erste Group Bank AG on the deal, while Schoenherr represented the managers.

Erste Group Bank AG issued EUR 750 million 0.01 % Mortgage Pfandbriefe due 2028 and EUR 750 million 0.50 % Mortgage Pfandbriefe due 2037.

The banking consortium comprised Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Danske Bank A/S, DekaBank Deutsche Girozentrale, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Erste Group Bank AG, ING Bank N.V., Landesbank Baden-Württemberg, Landesbank Hessen-Thüringen Girozentrale and UniCredit acting as the Joint Lead Managers in connection with the placement of the notes as well as HYPO NOE Landesbank für Niederösterreich und Wien AG as co-lead manager.

The Schoenherr team consisted of lead partner Christoph Moser (Picture), Angelika Fischer (associate) and Hubertus Forsthuber.

The Wolf Theiss Rechtsanwälte GmbH & Co KG team was led by Claus Schneider, Nikolaus Dinhof-Renezeder and Dominik Thill.

Involved fees earner: Angelika Fischer – Schoenherr; Hubertus Forsthuber – Schoenherr; Christoph Moser – Schoenherr; Nikolaus Dinhof – Wolf Theiss; Claus Schneider – Wolf Theiss; Dominik Thill – Wolf Theiss;

Law Firms: Schoenherr; Wolf Theiss;

Clients: Commerzbank AG; Crédit Agricole Corporate and Investment Bank; Danske Bank; DekaBank; DZ BANK AG; Erste Group Bank AG; ING Bank; Landesbank Baden-Württemberg ; Landesbank Hessen-Thüringen Girozentrale; UniCredit Bank AG;