Wolf Theiss and DLA Piper Advise on UBM Development EUR 75 Million Green Bond Exchange and Offering

"Wolf Theiss advised joint lead managers Raiffeisen Bank International and Montega Markets, and DLA Piper advised UBM Development on an exchange offer for UBM’s outstanding 2019 and 2021 bonds and a subsequent EUR 75m 6.750% Green Bond (2025–2030), listed in Vienna and included in Frankfurt’s Quotation Board."

The law firms Wolf Theiss and DLA Piper advised the parties involved in UBM Development’s green bond transaction: Wolf Theiss advised joint lead managers and joint bookrunners Raiffeisen Bank International and Montega Markets, while DLA Piper advised UBM Development. The transaction comprised an exchange offer for UBM Development’s outstanding 2019 and 2021 bonds, followed by a cash subscription offering of UBM’s EUR 75 million 6.750% Green Bond with maturities between 2025 and 2030. According to Wolf Theiss, the five-year green bonds carry a 6.750% annual coupon, have been listed on the Official Market of the Vienna Stock Exchange and have been included in the Quotation Board (Open Market) of the Frankfurt Stock Exchange. Wolf Theiss represented joint lead managers and joint bookrunners Raiffeisen Bank International and Montega Markets with a team composed by: Partners Claus Schneider and Eva Stadler, Counsel Nikolaus Dinhof-Renezeder, Senior Associate Sebastian Prakljacic, and Associates Rainer Holweg and Magdalena Bertsch. DLA Piper represented UBM Development with a team composed by: Partner Christian Temmel and Counsel Christian Knauder-Sima.

Wolf Theiss and DLA Piper Advise on UBM Development EUR 75 Million Green Bond Exchange and Offering

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