21
Sat, Dec
127 New Articles

Wolf Theiss and DLA Piper Advise on UBM Development's Exchange Offer and Issuance of EUR 93 Million Green Bond

Austria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wolf Theiss has advised joint lead managers and bookrunners Raiffeisen Bank International and M.M.Warburg & Co on the exchange offer of bonds issued by UBM Development in 2019 and 2021 and on the subsequent cash subscription offer of the EUR 93 million 7% green bond 2024-2029. DLA Piper advised UBM Development.

UBM Development is an Austrian real estate developer. 

According to Wolf Theiss, “the green bonds have a maturity of five years and were placed with institutional and retail investors with a coupon of 7% per annum. The green bonds are listed on the Official Market of the Vienna Stock Exchange.”

The Wolf Theiss team included Partner Claus Schneider, Counsels Nikolaus Dinhof-Renezeder and Eva Stadler, Senior Associate Sebastian Prakljacic, and Legal Trainee Negar Hashem.

The DLA Piper team included Partner Christian Temmel and Counsel Christian Knauder-Sima.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

Firm's website:

Wolf Theiss – Leading Lawyers in CEE/SEE