Department profile
CMS

Capital Markets

Europe Guide 2026 : Austria

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CMS

Rankings

About

Provided by CMS

We advise national and international investment banks, issuers and investors on all aspects related to stock exchange and capital markets law. Financial intermediaries such as investment firms, investment funds or financial institutions are also among our clients. Our capital markets law team deals with all aspects of capital market transactions and advises on all questions of regulatory law.

Our services include:

  • Initial public offerings, secondary offerings as well as capital increases of listed companies via capital markets or private placement in Austria and abroad
  • Structuring of over-the-counter transactions including preparation and implementation of due diligence reviews for purchaser, seller or target company
  • Switching to another trading platform and delisting of publicly owned stocks
  • Structuring of and advice on issuance of corporate bonds, structured bonds or MTN programmes
  • Structuring of reverse convertible bonds, discount certificates, warrants
  • Legal counsel to issuers of publicly-owned securities
  • Devising and implementing stock option programmes
  • Counselling Austrian and foreign investment funds on investment products offered for public sale 
  • Structuring of takeover offers, advice to bidders, sellers and target companies in takeover procedures and representation before the Austrian Takeover Commission
  • Advice on venture capital and private equity transactions, articles of association and exit agreements
  • Securitisation and other types of structured financing

Clients (11)

  • Raiffeisen International Bank AG
  • Merrill Lynch
  • Commerzbank
  • The European Central Bank (EZB)
  • Bloomberg
  • Crosslend
  • Ford Credit (FCE Bank)
  • Casinos Austria
  • CMC Markets
  • BAWAG PSK
  • Zumtobel AG

Industries (11)

  • Financial institutions
  • Consumer products
  • Energy
  • Real Estate
  • Banks
  • Media
  • Insurance
  • Technology, Hardware & Electronics
  • Telecommunications
  • Real Estate Finance
  • Pharmaceuticals & Life Sciences

Chambers Review

Provided by Chambers

Capital Markets - Austria

Band 2

What the Team is Known For

CMS primarily advises on DCM transactions such as high-value note and bond issuances, including green senior notes, but also displays capabilities in share flotations and IPOs. The team additionally advises on prospectus updates and compliance issues. CMS is particularly strong in cross-border transactions and is sought after by listed companies and banking syndicates.

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Work Highlights

Provided by Chambers

  • CMS advised a banking syndicate as joint lead managers on the issuance of EUR750 million tier 2 subordinated callable fixed rate reset notes issued by Erste Group Bank.

Strengths

Provided by Chambers

  • CMS has very good knowledge of regulatory issues and can very much handle complicated matters.

    Capital Markets respondentEurope

  • We have a long and trusted relationship with CMS and appreciate its excellent expertise and efficient working style.

    Capital Markets respondentEurope

Notable Practitioners

Provided by Chambers

  • Walter Gapp
    Walter Gapp

    Walter Gapp

    Walter Gapp offers particular expertise in DCM, including cross-border note issuances for financial institutions. His expertise extends to IPOs and regulatory issues.

    • Walter Gapp is dedicated to our company.

      Capital Markets respondentEurope

    • Walter Gapp is a very pleasant and knowledgeable lawyer.

      Capital Markets respondentEurope
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  • Martin Zuffer
    Martin Zuffer

    Martin Zuffer

    Martin Zuffer demonstrates a broad capital markets practice, advising on both ECM and DCM matters. He regularly assists clients with IPOs and the listing of shares on the Vienna Stock Exchange, as well as debt and bond issuances.

    View profile
  • Philipp Mark
    Philipp Mark

    Philipp Mark

    Philipp Mark demonstrates expertise in DCM matters, including the issuance of bonds and notes. He boasts additional experience advising on IPOs and regulatory matters.

    • Philipp Mark understands the business and makes me feel understood.

      Capital Markets respondentEurope

    • He is a solution-oriented lawyer who is always available.

      Capital Markets respondentEurope
    View profile

Ranked Individuals at CMS (3)

Austria

Members

Provided by CMS

CMS has rankings in the following guides

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