BAWAG Vienna Stock Exchange IPO

Overview:

• BAWAG has undertaken its IPO on the Vienna Stock Exchange.
• BAWAG, Austria's fourth largest lender, is owned by Cerberus Capital Management and GoldenTree Asset Management.
• The company's owners raised approximately €1.9 billion selling 40.25 million shares in the bank for €48 each.
• The IPO is the largest ever on Vienna's stock exchange . 
• Citigroup Global Markets, Credit Suisse Securities, Goldman Sachs, JP Morgan Securities, and Morgan Stanley acted as joint global coordinators and bookrunners.

 Katrin Kostadinova - Data analyst