Practice Areas - Debt Capital Markets Law Firms and Lawyers
Deal Date: | 30-10-2012 | Practice Area: | Debt Capital Markets |
Deal Title: | Raiffeisen Bank Bonds Exchange Offer | Industry: | Banks |
Description: |
Clifford Chance advised Deutsche Bank, Merrill Lynch and Raiffeisen Bank International acting as dealer managers on a public exchange offer made by Raiffeisen Bank International AG ("RBI").
RBI invited holders of the outstanding subordinated bonds of Raiffeisen Zentralbank Osterreich Aktiengesellschaft ("RZB") to exchange these against newly issued subordinated bonds of RBI. The new bonds comply with the currently known future requirements for Tier 2 capital from European banks.
Holders of bonds with a total nominal value of EUR 290,318,000 accepted the offer.
The Clifford Chance team included partner Sebastian Maerker and senior associate Felix Biedermann (both Capital Markets, Frankfurt).
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Financial Center: | Frankfurt | Value: | 0.00-0.00 |
Advised Party: | Dealer-Managers 2 | Law Firm | Clifford Chance |
Issuer Jurisdiction | Austria | Listing Jurisdiction | Austria |
Classification: |
Bond Repurchase and Exchange Schemes Exchange Offers |
Lawyer | Sebastian Maerker |