Wolf Theiss advises Erste Group Bank AG on its EUR 750,000,000 Subordinated Callable Fixed Rate Reset Notes Issue

Vienna, 21 January 2026 – Wolf Theiss advised Erste Group Bank AG as issuer on the successful issuance of EUR 750,000,000 Subordinated Callable Fixed Rate Reset Notes due 2036 (ISIN: AT0000A3RNZ8).

Erste Group Bank AG successfully completed the issue of EUR 750 million subordinated notes. The notes have a maturity of ten years and were placed with institutional investors and eligible counterparties, offering an initial coupon of 3.75% per annum. They are listed on the Official Market (Amtlicher Handel) of the Vienna Stock Exchange. The transaction closed on 21 January 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 CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH on Austrian law.