Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 31-01-2012 | Practice Area: | Debt Capital Markets |
| Deal Title: | Republic of Austria Bond Offerings | Industry: | Public Sector |
| Description: |
Clifford Chance advised a consortium of banks, led by the joint lead managers Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley and Raiffeisen Bank International on the issue and listing of two syndicated bonds by the Republic of Austria.
The bonds have a term of ten years and, for the first time, a term of 50 years. The ten-year bond has a volume of 3 bn EUR and an annual coupon of 3.4 %. The 50-year bond has a volume of 2 bn EUR and a coupon of 3.8 % p.a.
The Clifford Chance team included partner Sebastian Maerker, senior associate Robert Koller and associate Manuela Buffone (all Banking & Capital Markets, Frankfurt) as well as partner Cedric Burford and associate Marie-Caroline Schwartz (both Banking & Capital Markets, Paris).
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| Financial Center: | Frankfurt | Value: | 1000.01-5000.00 |
| Advised Party: | Lead Manager | Law Firm | Clifford Chance |
| Issuer Jurisdiction | Austria | Listing Jurisdiction | Austria |
| Classification: |
Sovereign and Public Sector Bonds Sovereign Bonds |
Lawyer | Sebastian Maerker |
