Volksbank Wien €400 million Tier 2 bond issue

10/10/2017
Investment grade bond/note issue

€ 400 million

$ 464 million

Announced

10/10/2017


Overview:

  • Volksbank Wien has issued a €400 million Tier 2 bond.
  • The notes are due to mature in 2027 and will have an 2.75% interest rate for the first five years of the term.
  • Credit Agricole, Erste Group, HSBC, and UBS were bookrunners on the transaction.

 Katrin Kostadinova - Data analyst 

Jurisdiction:

Austria

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Austria

Industry sector:

Banking


Firms:

Party: Credit Agricole (Bookrunner)

Party: Erste Group Bank (Bookrunner)

Party: HSBC (Bookrunner)

Party: UBS (Bookrunner)


Party: Volksbank Wien (Issuer)

Lawyer: Alexander Haas