Austrian law firm Weber & Co. acted as legal counsel to Erste Group Bank AG (in its capacity as Manager), HSBC France, ING Bank N.V., Landesbank Baden-Württemberg and Nykredit Bank A/S in connection with the successful issue by Erste Group Bank AG.

18 September 2019.

The EUR 500,000,000 0.010% Mortgage Pfandbriefe, ISIN AT0000A2A6W3, were issued on 11 September 2019 under Erste Group Bank AG's Covered Bonds Programme. They have a maturity until 2029 and a denomination of EUR 100,000 each and are listed on the Official Market of the Vienna Stock Exchange.

Erste Group Bank AG (in its capacity as Joint Lead Manager), HSBC France (France), ING Bank N.V. (The Netherlands), Landesbank Baden-Württemberg (Germany) and Nykredit Bank A/S (Dänemark) acted as Joint Lead Manager for the issue. Wolf Theiss (lead partner Claus Schneider) advised Erste Group Bank AG as issuer. Already in May 2019, Weber & Co. had advised the Joint Lead Managers and Wolf Theiss had advised Erste Group as issuer on another issue of EUR 500 million Mortgage Pfandbriefe Hypothekenpfandbriefe (due 2034).

Christoph Moser, partner of Weber & Co., who headed the team advising the Joint Lead Managers: "The issue of Mortgage Bonds by Erste Group Bank AG was successful. We are grateful that the Joint Lead Managers again relied on our legal expertise for this new debt issuance."

Transaction team Weber & Co.: Christoph Moser (partner, lead), Angelika Fischer (associate).

About Weber & Co.

Weber & Co. is a leading Austrian law firm and regularly assists issuers and financial intermediaries in equity and debt financing in the capital markets. On the basis of its long-standing tradition, Weber & Co. with its specialized team of lawyers offers legal services in all areas of Austrian, European and international finance and business law. Our partners are highly recognized specialists in their respective field of specialisation and committed to the highest standards of legal service and proficiency. Debt capital market transactions including corporate bonds and mortgage covered bonds are a core expertise of the firm in the field of capital market law.