Austria: Schoenherr advises BKS Bank on issue of EUR 250m Green Senior Preferred Notes

The notes with a fixed coupon of 4.000 % per annum were successfully issued under Austrian law on 3 June 2026 under BKS Bank AG's Debt Issuance Programme (Angebotsprogramm für das öffentliche Angebot von Schuldverschreibungen) and placed with professional clients and eligible counterparties. The notes, rated BBB+ by S&P, are due in June 2031 and have a denomination of EUR 100,000. They are listed on the Official Market (Amtlicher Handel) of the Vienna Stock Exchange.

BKS Bank intends to use an amount equal to the net proceeds of the notes exclusively for the full or partial financing or refinancing of loans in its Sustainable Finance Pool in accordance with its Sustainable Bond Framework dated March 2026 (as amended and/or replaced from time to time).

The banking consortium comprised DekaBank, Erste Group, Jyske Bank and NORD/LB acting as Joint Lead Managers in connection with the placement of the notes.

"We are pleased that BKS Bank again relied on our legal expertise for the issuance of its EUR 250m Green Senior Preferred Notes," said Counsel Angelika Fischer, who led the Schoenherr team on this transaction. "Congratulations to all parties involved on the successful placement."

In addition to Angelika Fischer (Counsel), the Schoenherr team consisted of Christoph Moser (Partner), Clemens Stockhammer, Laura Knoblechner and Flora Maria Auer.

Wolf Theiss Rechtsanwälte GmbH & Co KG (Claus Schneider and Nikolaus Dinhof-Renezeder) advised the Joint Lead Managers.