Press Releases

All news

25.01.05

RZB increased Euro Floater to 1 billion.

Issue was heavily oversubscribed. Extensive international distribution.Volume increased from EUR 750 million.

Raiffeisen Zentralbank Oesterreich AG’s (RZB) re-entry into the Euro market was an overwhelming success. Due to high demand, leading to a significant oversubscription, the issue was increased from EUR 750 million to EUR 1 billion. Responding to the demand the 5-year Euro floating rate note (FRN) was pricedat 3-months Euribor plus 12 basis points.

“RZB were able to attract an extensive international distribution with accounts from the Middle East, Asia and Central Europe, complementing strong demand from Continental European and UK investors”, says Patrick Butler, RZB’s Board Member with responsibility for Treasuryand Investment Banking. He also added that this issue was RZB’s largest capital market transaction to date. “The FRN is the initial benchmark issue demonstrating RZB’s strategy to extend and diversify regular capital market issues over the next few years“.

Joint-Lead Managers and Book-runners of the transaction are ABN AMRO,Calyon and RZB.

Vienna-based RZB is the central institution of the Raiffeisen BankingGroup, Austria''s most powerful banking group. It is a leading corporateand investment bank in Austria and also considers Central and EasternEurope (CEE) as its home market, where it operates, via RaiffeisenInternational Bank-Holding AG (Raiffeisen International), a network of15 subsidiary banks with more than 920 banking outlets, as well as tworepresentative offices, in 16 markets. RZB''s network banks rank amongthe three largest banks in eight CEE markets.

A printable picture of Patrick Butler can be downloaded fromhttp://www.rzbfiles.at/patrickbutler.jpg.

 

Press Сenter

Tel.: +7 495 721-36-17

E-mail: pr@raiffeisen.ru

Marketing department

E-mail: marketing@raiffeisen.ru

Information center

Tel.: +7 495 721-91-00

По-русски
In English
+7 495 721-91-00
For Life
For Business
For Life
For Business