Directories
Capital Markets

Legal 500 - Capital Markets (Tier 1)

CHSH Cerha Hempel Spiegelfeld Hlawati stands out for its expertise in high-value capital markets transactions, bond structurings and placements as well as its contentious and non-contentious regulatory capabilities. Volker Glas advised CA Immobilien Anlagen on a €170m five-year corporate bond, and together with Thomas Zivny, he advised Immofinanz on convertible bonds. In a separate matter, Zivny and Peter Knobl advised Raiffeisen-Holding Niederösterreich on the issuance of €125m subordinated debt in the form of a private placement, the termination of €85m participation capital and the repurchase of €40m of subordinated debt. Edith Hlawati heads the team.

IFLR 1000 - Capital markets (Tier 1)

Cerha Hempel Spiegelfeld Hlawati’s strongest practices are capital markets, where it has expertise in equity and equity-linked products and corporate bonds and M&A. In the banking area it is recognised for regulatory advice. The firm has branches across the region, extending as far east as Belarus.

The firm’s capital markets practice was involved in a number of large debt issues, which included two large convertible bonds where it acted as issuer’s counsel.

Chambers & Partners - Capital Markets (Band 1)

What the team is known for Cutting-edge capital markets team leading on complex, high-value transactions. Frequently advises on debt issuance programmes as well as large-scale capital increase projects. Also active on IPOs and delisting projects. Additionally provides regulatory advice.

Strengths Sources praise the team's availability, with a client describing the lawyers as "accurate and on time," adding: "It is a firm you can reach out to at any time."

Work highlights Advised CA Immo on its issuing of a EUR170 million corporate bond on the Vienna Stock Exchange.

Acted for Raiffeisen-Holding NÖ-Wien on its issuance of EUR125 million subordinated debt in the form of a private placement.

Notable practitioners

Hailed by sources as “an icon," eminent practitioner Edith Hlawati 's unrivalled depth of experience stands out in the marketplace. She possesses a wealth of expertise in ECM and is a key rainmaker at the firm.

Volker Glas advises on ECM and DCM mandates as well as broader financing issues. He co-led the team advising BUWOG on its issuance of EUR300 million in bonds.

DCM specialist Thomas Zivny has a strong track record in advising banks as well as companies. "He is extremely quick," a client says, adding that "he really focuses on solving the problem." He co-led the team in advising IMMOFINANZ on the issuance of convertible bonds valued at EUR297.2 million.

Peter Knobl has a particular focus on the regulatory side of the capital market and banking issues. He recently advised Westwood Holdings Group on the distribution of UCITS fund units in Austria.

 

 

 

Sources

  • The Legal 500 2018: Europe, Middle East & Africa 
  • IFLR 1000  2018 - The Guide to the World's Leading Financial Law Firms 
  • Chambers & Partners 2018, Chambers Europe - Europe's Leading Lawyers for Business