Wolf Theiss advises international bank syndicate on UNIQA’s tender offer and issuance of the EUR 500 million Subordinated Fixed to Floating Rate Notes

Vienna, 18 May 2026 – Wolf Theiss advised Barclays, J.P. Morgan, Morgan Stanley, Raiffeisen Bank International and UniCredit as Dealer Managers on the tender offer by UNIQA Insurance Group AG for its EUR 500,000,000 Subordinated Notes due in 2046 (currently outstanding amount of EUR 326,300,000) (ISIN: XS1117293107), and as Joint Lead Managers on the issuance by UNIQA Insurance Group AG of EUR 500,000,000 Subordinated Fixed to Floating Rate Notes with scheduled maturity in 2046 (ISIN: XS3357207417).

The tender offer commenced on 5 May 2026 and was conducted in accordance with the terms and conditions set out in the Tender Offer Memorandum dated the same day. Notes in the amount of EUR 148,500,000 were validly tendered. Settlement took place on 15 May 2026.

In parallel, UNIQA Insurance Group AG successfully completed the issuance of EUR 500 million Subordinated Fixed to Floating Rate Notes. The Notes have a scheduled maturity in 2046, were placed with institutional investors and eligible counterparties and carry an initial coupon of 4.500% per annum. The Notes are denominated in tranches of EUR 100,000 per Note and are listed on the Official Market (Amtlicher Handel) of the Vienna Stock Exchange. Closing took place on 13 May 2026.

Wolf Theiss advised the international bank syndicate on the tender offer and the new issuance with Partner Claus Schneider, Counsel Nikolaus Dinhof-Renezeder, Senior Associate Sebastian Prakljacic and Associate Magdalena Bertsch (all Capital Markets), Partner Eva Stadler and Senior Associate Alexander Quendler (both Tax).

The transaction was accompanied by Linklaters LLP as international and structuring counsel to the bank syndicate and Schönherr Rechtsanwälte GmbH as Issuer’s counsel.