Wolf Theiss advised Volksbank Wien AG on its issue of EUR 500,000,000 Subordinated Notes (Tier 2)

Vienna, 27 March 2024 – Wolf Theiss comprehensively advised VOLKSBANK WIEN AG as Issuer on its issue of “EUR 500.000.000 5.750% Fixed to Fixed 10.25NC5.25 Subordinated Notes (Tier 2) with an Interest Rate Change Date on 21 June 2029” (AT000B122270).

VOLKSBANK WIEN AG successfully completed the issue of EUR 500 million Tier 2 notes. The notes have a maturity of 10.25 years and were placed with institutional investors and eligible counterparties with an initial coupon of 5.750% per annum. The denomination is EUR 100,000.00 per note and the notes are listed on the Official Market (Amtlicher Handel) of the Vienna Stock Exchange. The signing took place on 19 March 2024 and closing on 21 March 2024.

The international banking consortium was advised by Christoph Moser, Angelika Fischer and Daniel Gritsch (Schönherr Rechtsanwälte GmbH).

VOLKSBANK WIEN AG was advised by Partner Claus Schneider, Counsel Nikolaus Dinhof-Renezeder and Associates Sebastian Prakljacic and Rainer Holweg, as well as Legal Trainee Peter Marcher (all Debt Capital Markets) and on tax aspects by Counsel Eva Stadler (Tax).

“We are very pleased that the Tier 2 issue of Volksbank Wien was placed so successfully, thank them for the trust they have placed in us and congratulate the Volksbank Wien team on this successful trade”,

commented Partner Claus Schneider.