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Our corporate finance solutions

Equity Capital Markets

We offer you a variety of measures to improve your company’s equity position.

Equity Capital Markets

Erste Group’s Equity Capital Markets Team combines market insight and intelligence with corporate finance knowledge to develop capital raising and share placement solutions for you. We structure and execute equity and equity-linked new issues such as initial public offerings (IPOs), secondary placements (SPOs), rights issues, privatisations, convertible bonds and exchangeable bonds. Our customers can rely on our ability to develop and execute tailor-made structured projects based on our international expertise and knowledge of the local markets, rules and regulations.

Our team consists of a core execution team based in Vienna and local teams in Czech Republic, Romania and Poland.

We work with issuers in our core markets Austria, Germany and Central Eastern Europe and provide professional support by our equity research and sales teams to offer the best services possible for each of our clients.

Our services

IPOs, SPOs and capital increases

An IPO is an option to be considered by companies with an attractive investment story, a decent annual sales growth rate, an attractive industry from an investor’s point of view, a clearly defined corporate strategy and an experienced and convincing top management.

Private Placements

An offering of shares to a selected number of institutional investors – as opposed to a public offering – is sometimes the preferable solution for a company looking to raise equity on the market. This decision depends on the type and size of the company, the complexity of its business model and the prevailing capital markets conditions. Requirement is an already existing exchange listing.

Convertible bonds

Convertible issues are well-suited for listed companies both rated and non-rated, whose shares have seen a solid performance, with attractive short to mid-term growth prospects and with an appropriate volatility. Convertible bonds are further highly useful for acquisition finance, significantly cutting finance costs and refinancing existing finance products.

Complex capital measures

We offer bank- and execution services in the context of complex capital measures of stock exchange listed issuers, such as (national and cross-border) mergers, spin-offs, takeovers and squeeze-outs and other capital measures.
Furthermore, we see ourselves committed to our clients as their partners in capital markets and stock exchange issues also in the future. Therefore, we support you with efficient after-market activities such as market making, paying agency services, continuous quality research coverage, organization of road shows, investor conferences and ongoing support service by Institutional Sales.
We ensure that our client’s equity capital markets transactions enjoy a high level of comfort and a short time to market.

Corporate finance and advisory services

We offer assistance to you considering IPOs, due diligence projects, valuations or that you would simply like to evaluate your finance structure. We offer state-of-the-art services in all regions and specialize in the development of flexible and individual solutions jointly with our clients.

Günther Artner

Head of Equity Capital Markets

Erste Group Bank AG

Am Belvedere 1
1100 Vienna
Tel.: +43 (0)5 0100 – 15020


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