Wolf Theiss advises Erste Group Bank AG on its EUR 750,000,000 Callable Fixed to Floating Rate Preferred Senior Notes issue

Vienna, 15 May 2026 – Wolf Theiss advised Erste Group Bank AG as issuer on the successful issuance of “EUR 750,000,000 Callable Fixed to Floating Rate Preferred Senior Notes due 2031” (ISIN: AT0000A3UQ65).

Erste Group Bank AG successfully completed the issuance of EUR 750 million preferred senior notes. The notes have a maturity of five years and were placed with institutional investors and eligible counterparties, with an initial coupon of 3.375% per annum. The notes are listed on the Official Market (Amtlicher Handel) of the Vienna Stock Exchange. The transaction closed on 13 May 2026.

Erste Group Bank AG was advised by Wolf Theiss, with the team led by Partner Claus Schneider and Counsel Nikolaus Dinhof-Renezeder, supported by Senior Associate Sebastian Prakljacic and Associate Magdalena Bertsch (all Capital Markets). Partner Eva Stadler, supported by Senior Associate Alexander Quendler, provided advice on tax-related matters (both Tax).

The international banking consortium was advised by White & Case LLP and as to Austrian law by CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH.