September 28, 2021

Willkie advises GoldenTree Asset Management LP in the transaction.

Willkie has advised certain selling entities which are owned and controlled by funds and accounts under management by or subject to an investment management agreement with GoldenTree Asset Management LP and its affiliates on a successful placing of 8.25 million shares of BAWAG Group AG with institutional investors in an accelerated bookbuilding process.

The placement was made to investors in the UK, Europe and the US with proceeds of approximately €417 million, representing approximately 9.25% of BAWAG’s share capital.

Partners Joseph Ferraro and Georg Linde and associates David Griffiths and Ida Nizankowska-Polus provided capital markets, securities and corporate advice and partner Henrietta de Salis provided financial regulatory advice.