Wolf Theiss advises Raiffeisen Bank International AG on EUR 500 million Additional Tier 1 Notes issuance and tender offer for repurchase

Vienna, 18 September 2025 – Wolf Theiss acted as legal adviser to Raiffeisen Bank International AG in connection with the successful issuance of EUR 500,000,000 Fixed to Reset Rate Additional Tier 1 Notes and its tender offer for the repurchase of EUR 500,000,000 Fixed to Reset Rate Additional Tier 1 Notes of 2018.

The “EUR 500,000,000 Fixed to Reset Rate Additional Tier 1 Notes of 2025 with a First Reset Date of 15 December 2031” (ISIN: XS3028073701) were issued on 17 September 2025. This issuance further strengthens the regulatory capital position of Raiffeisen Bank International AG (“RBI“) and reflects its commitment to maintaining a robust capital base in line with European banking regulations.

The transaction was facilitated by a consortium of leading financial institutions.

Additionally, Wolf Theiss assisted RBI with its tender offer to repurchase its outstanding “EUR 500,000,000 Fixed to Reset Rate Additional Tier 1 Notes of 2018 with a First Reset Date on 15 June 2025 (ISIN: XS1756703275). The offer allows noteholders to sell their notes back to RBI at a purchase price of 100.00%, with the settlement on 17 September 2025.

Wolf Theiss’ mandate in advising RBI involved providing comprehensive legal support, particularly in relation to the transaction documents, such as the Securities Note, the Subscription Agreement, the Agency Agreement and the Global Note for the new issuance, as well as the Tender Offer and the Dealer Manager Agreement for the tender offer.

The Wolf Theiss team consisted of Partner Claus Schneider and Counsel Christine Siegl, supported by Senior Associate Sebastian Prakljacic (all Banking & Finance), Counsel Eva Stadler and Senior Associate Alexander Quendler (both Tax).

“We congratulate RBI on the execution of this interesting project within an ambitious timeframe and a challenging market environment. The high professionalism of all parties involved and their close cooperation, in particular with the RBI Team, were the main reasons for the successful closing of these two transactions”,

– Christine Siegl, Counsel, Wolf Theiss.