In close collaboration with Austrian law firm Wolf Theiss, global law firm Clifford Chance has advised the Raiffeisen Leasing Group on a landmark true sale securitisation (ROOF 2024) which involves a €529.4 million portfolio of leasing receivables from the Raiffeisen Leasing Group.

The AAA rated STS-securitisation is strategically designed to fuel new lending initiatives for SMEs and Mid-Caps throughout Austria. Expanding the past successful “Roof Leasing Austria” transactions, Raiffeisen Bank International (RBI) has expertly structured, arranged, and placed this deal to continue driving economic growth and support for businesses in the region.

The Clifford Chance team has advised Raiffeisen Leasing Group as lead law firm on all matters relating to German, Luxembourg and English law aspects. The teams contained of partner Oliver Kronat, senior associate Antonia Walter and research assistant Niclas Petersmann (all Global Financial Markets, Frankfurt), partner Marc Mehlen and senior associate Marie-Elise Gueble (both Global Financial Markets, Luxembourg) and partner Jared Grubb (Global Financial Markets, Munich) and counsel Radoslav Lolov (Global Financial Markets, Frankfurt).

The Wolf Theiss team comprised partner Matthias Schimka and counsel Markus Aigner (Banking Law, Vienna) and further lawyers