Wolf Theiss advises Raiffeisen Bank International AG on a benchmark issue of extendable covered bank bonds 2019 – 2029

On 3 December 2019, RAIFFEISEN BANK INTERNATIONAL AG issued EUR 500,000,000 0.125% Extendable Covered Bank Bonds due 2029 (ISIN: XS2086861437) under their Debt Issuance Programme. The bond has a tenor of 10 years and a coupon of 0.125% per annum and the issue price is 99.495%.

The bonds are listed on the Official Market of the Luxembourg Stock Exchange. A bank consortium comprising, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Mediobanca – Banca di Credito Finanziario S.p.A., Raiffeisen Bank International AG, Société Générale and UniCredit Bank AG were acting as Joint Lead Manager.

Once again, RAIFFEISEN BANK INTERNATIONAL AG relied on the expertise of the Wolf Theiss DCM Team. Under the lead of Alex Haas who was supported by Christine Siegl in particular and also Nikolaus Dinhof, Sebastian Prakljacic as well as Dominik Thill, the Wolf Theiss DCM team provided legal support to the Issuer and handled the transaction.  

“We would like to congratulate the Raiffeisen Bank International AG team to the successful transaction and thank all parties involved for the smooth execution of the transaction and Raiffeisen Bank International AG for the confidence in us”, Alexander Haas explained when commenting on the deal.