Global law firm White & Case LLP has advised multiple Joint Lead Managers on a €1 billion bond issue by OMV Aktiengesellschaft.
The Joint Lead Managers were Citigroup Global Markets Limited, Crédit Agricole Corporate and Investment Bank, DZ BANK Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Raiffeisen Bank International AG and SMBC Nikko Capital Markets Limited.
The bonds are issued in two tranches. With a principal amount of €500 million, the first tranche has a term of five years and a fixed coupon of 0.750 percent. With a principal amount of €500 million, the second tranche has a term of ten years and a fixed coupon of 1.875 percent. The notes were admitted to trading on the regulated markets of the Luxembourg Stock Exchange and the Vienna Stock Exchange.
The White & Case team was led by partner Karsten Wöckener and included partner Rebecca Emory and local partner Dr. Cristina Freudenberger, with support from associates Philipp Kronenbitter and Daniel Gillenkirch, as well as counsel Alexander Born (all Frankfurt).
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