Allen & Overy LLP advised Oesterreichische Kontrollbank on legal aspects of its public offering of $600 million of Floating Rate Guaranteed Global Notes due 2019.

The bonds are guaranteed by the Republic of Austria and will be listed on the regulated market of the Luxembourg Stock Exchange.

Oesterreichische Kontrollbank (“OeKB”) is Austria’s main provider of financial and information services to the export industry and the capital market. Its main functions include the administration of export guarantees as agent of the Republic of Austria and the financing of Austrian exports.

The Allen & Overy team advising OeKB in this transaction comprised partner Marc Plepelits, senior associate Martin Schmidt and associate Rita Nicole Thomas (all US Corporate Finance, Frankfurt).