Wolf Theiss advises Raiffeisen Bank International AG and Montega Markets GmbH on the exchange offer and issuance of a EUR 75,000,000 Green Bond of UBM Development AG

Vienna, 30 October 2025 – Wolf Theiss advised Raiffeisen Bank International AG and Montega Markets GmbH as Joint Lead Managers and Joint Bookrunners on the exchange offer of bonds issued by UBM Development AG in 2019 and 2021 and on the subsequent cash subscription offer of the EUR 75,000,000 6.750% Green Bond 2025-2030 issued by UBM Development AG.

UBM Development AG, a European real estate developer, successfully closed the issuance of green bonds in the aggregate principal amount of EUR 75 million. The green bonds have a maturity of five years and were placed with institutional and retail investors, carrying a coupon of 6.750 per cent per annum. They are listed on the Official Market (Amtlicher Handel) of the Vienna Stock Exchange (Wiener Börse) and included in the Quotation Board, Open Market of the Frankfurt Stock Exchange. Closing took place on 30 October 2025.

Raiffeisen Bank International AG and Montega Markets GmbH were responsible for the exchange offer and placement of the green bonds as Joint Lead Managers and Joint Bookrunners. The banking consortium relied on the expertise of the Wolf Theiss Capital Markets Team.

The Wolf Theiss team was led by Partner Claus Schneider and supported by Counsel Nikolaus Dinhof-Renezeder, Senior Associate Sebastian Prakljacic and Associates Rainer Holweg and Magdalena Bertsch (all Capital Markets). Partner Eva Stadler (Tax) advised on the tax aspects of the transaction.

UBM Development AG was advised on the transaction by Christian Temmel and Christian Knauder-Sima of DLA Piper Weiss-Tessbach Rechtsanwälte.

“We are pleased to have advised the banking consortium on the UBM Green Bond transaction and thank our clients for the trust placed in us. We congratulate the banking consortium and UBM on this successful transaction.”

– Claus Schneider, Partner, Wolf Theiss