Austrian law firm Weber & Co. acted as legal counsel to the Joint Lead Managers DZ BANK, Erste Group and LBBW and to Co-Lead Manager Bankhaus Lampe KG in connection with the successful issue of Mortgage Covered Bank Bonds by Oberbank Aktiengesellschaft.

5 February 2020

The issue of EUR 250,000,000 0,125 per cent. Mortgage Covered Bank Bonds (hypothekarisch fundierte Bankschuldverschreibungen), ISIN AT0000A2CN04, under Austrian law was completed on the value date 28 January 2020. The bonds were issued under the issuer's Debt Issuance Programme, have a maturity until 2030 and a denomination of EUR 100,000 each. They are listed on the Official Market of the Vienna Stock Exchange.

DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main (Germany), Erste Group Bank AG (Austria) and Landesbank Baden-Württemberg (Germany) acted as Joint Lead Manager and Bankhaus Lampe KG (Germany) acted as Co-Lead Manager for the bond issue. Wolf Theiss Rechtsanwälte GmbH & Co KG (lead partner Alexander Haas) advised Oberbank Aktiengesellschaft as issuer's counsel. Recently, in June 2019, Weber & Co. had advised the Joint Lead Managers and Wolf Theiss Rechtsanwälte GmbH & Co KG had advised Oberbank Aktiengesellschaft as issuer on a EUR 250 million Ordinary Senior Eligible Notes issue.

Christoph Moser, partner of Weber & Co., who headed the team advising the Managers: "We are grateful that the Managers relied on our experience in relation to the Mortgage Covered Bank Bonds by Oberbank. Congratulations to the issuer and the Managers on the successful completion of the transaction."

Transaction team: 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.