OMV €1.5 billion hybird bond issue

30/11/2015
Investment grade bond/note issue

€ 1.5 billion

$ 1.643 billion

Announced

30/11/2015


Overview:

  • Austrian oil and gas company, OMV issued €1.5 billion in hybrid bonds in two tranches of €750 million each on the Luxembourg and Vienna stock exchanges.
  • Combined, the two tranches represent the largest hybrid note issue ever by an Austrian corporate.

Wai Yee Tsang - Journalist

 

Jurisdictions:

Germany
Austria

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing laws:

Austria
Germany

Industry sector:

Oil and gas


Firms:

Party: Barclays (Underwriter)

Party: Deutsche Bank (Underwriter)


Party: OMV (Issuer)

Lawyer: Stefan Weber