Raiffeisenlandesbank Secures EUR 250 Million Bond Placement
Deal News | Apr 09, 2025 | Hogan Lovells
Raiffeisenlandesbank Niederösterreich-Wien AG (RLB NÖ-Wien) successfully placed a EUR 250 million subordinated Tier 2 bond. The bond, with an 11-year term and initial 5.250% coupon rate featuring a reset mechanism, was admitted to the Vienna Stock Exchange. It holds a Moody's Baa3 rating and falls under EU's Tier 2 capital according to Regulation (EU) 575/2013 (CRR). Hogan Lovells served as dealers counsel for this transaction, which aims to boost RLB NÖ-Wien's total capital ratio. The legal team from Hogan Lovells, based in Frankfurt, regularly advises on issuances under RLB NÖ-Wien’s Debt Issuance Programme.
Sectors
- Financial Services
- Legal Services
Geography
- Austria – The bond was issued by an Austrian bank, Raiffeisenlandesbank Niederösterreich-Wien AG, and is traded on the Vienna Stock Exchange.
- Germany – Hogan Lovells' team advising on the bond issuance is based in Frankfurt, Germany.
Industry
- Financial Services – The issuance of a subordinated bond by Raiffeisenlandesbank falls under the financial services sector, specifically related to bank capital and debt instruments.
- Legal Services – Hogan Lovells provided legal advisory services in relation to the bond issuance, indicating the relevance of the legal sector.
Financials
- EUR 250 million – The value of the subordinated Tier 2 bond issued.
- 5.250 percent – The initial coupon rate of the bond.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Raiffeisenlandesbank Niederösterreich-Wien AG | Issuer | Company | A financial institution based in Austria issuing the EUR 250 million subordinated bond. |
| Hogan Lovells | Legal Advisor | Company | Provided legal counsel for the bond issuance by RLB NÖ-Wien. |
| Dr. Jochen Seitz | Partner | Person | A partner at Hogan Lovells involved in the bond issuance advisory. |
| Dr. Stefan Schrewe | Counsel | Person | Counsel at Hogan Lovells involved in the transaction. |
| Nina Fischer | Senior Business Lawyer | Person | A senior business lawyer at Hogan Lovells. |
| Anna Hersener | Associate | Person | An associate at Hogan Lovells involved in the advisory. |