Hogan Lovells advises on the placement of an EUR 250 million subordinated Tier 2 bond issued by Raiffeisenlandesbank Niederösterreich-Wien AG (RLB NÖ-Wien)

Press releases | 09 April 2025

Led by Frankfurt partner Dr. Jochen Seitz, global law firm Hogan Lovells advised on the placement of a subordinated Tier 2 bond of RLB NÖ-Wien with an issue volume of EUR 250 million.

On 2 April 2025, the bond was successfully placed and admitted to trading on the official market of the Vienna Stock Exchange. The bond has a term of 11 years and an initial coupon of 5.250 percent that is equipped with a reset mechanism. Moody's assigned a Baa3 rating. The subordinated bond serves to strengthen the total capital ratio and is to be classified as Tier 2 capital in accordance with Regulation (EU) 575/2013 (CRR).

Hogan Lovells regularly acts as dealer’s counsel in relation to issuances of notes under the Debt Issuance Programme (DIP) of RLB NÖ-Wien.

Hogan Lovells for the banks:

Dr. Jochen Seitz (Partner), Dr. Stefan Schrewe (Counsel), Nina Fischer (Senior Business Lawyer), Anna Hersener (Associate) (all Capital Markets, Frankfurt).