Clifford Chance advised Deutsche Bank, Morgan Stanley and Raiffeisen Centrobank as joint global coordinators in connection with the Re-IPO of UNIQA Insurance Group AG, one of the leading insurance groups in Austria and Central and Eastern Europe.

The offering which comprised a total of 94,752,100 shares (including 6,650,000 over-allotment shares), issued at an price of EUR 8.00, resulted in a gross issuance return of EUR 757 million.

The offering was directed to existing shareholders, as well as private placements to investors in Europe, the United States of America and elsewhere. UNIQA's existing core shareholders (Raiffeisen Zentralbank Österreich AG, Austria Versicherungsverein auf Gegenseitigkeit Privatstiftung und Collegialität Versicherungsverein Privatstiftung) waived their subscription rights.

The advisory team of Clifford Chance was led by partner Dr. George Hacket and included partner Dr. Marc Benzler, counsel Barbora Moring, senior associate Dr. Axel Wittmann and associate Ryan Dunmire (all Banking & Capital Markets, Frankfurt).