Hengeler Mueller has comprehensively advised the Austrian BAWAG Group AG on the issuance of Tier 2 notes with a volume of EUR 400 million and a maturity date in 2034. The issuance was combined with a public tender offer for outstanding Tier 2 notes of the issuer.
The Tier 2 notes fulfil the regulatory requirements for supplementary capital (Tier 2) and are listed on the Luxembourg Stock Exchange. The issuance strengthens the bank's regulatory capital.
Hengeler Mueller team for BAWAG Group
Capital Markets: Alexander G. Rang (partner, lead), Henrik Gildehaus, Georg Tauser, Konrad Schäfer (all associates, all Frankfurt).