Event Publicly Available Information:
Is there a Successor to Raiffeisen Zentralbank Österreich Aktiengesellschaft?
| Date | Description | Document |
|---|---|---|
| Closed | May 30, 2017: The EMEA DC determined that, under the 2003 Credit Derivatives Definitions, a Succession Event occurred with respect to Raiffeisen Zentralbank Österreich AG ("RZB") on 18 March 2017 and Raiffeisen Bank International AG ("RBI") is the sole Successor and, under the 2014 Credit Derivatives Definitions, RBI became the sole Successor to RZB (in respect of Senior Transactions and Subordinated Transactions, as applicable) on 18 March 2017. According to the notices provided to holders of notes issued by RZB (link and link), the merger "occurred under Austrian law pursuant to which RBI became the universal successor of RZB, assuming all of its rights and liabilities (including those under the Notes)". In addition, a press release by RBI dated 18 March 2017 (link) confirmed that on 18 March 2017, the merger of RZB and RBI was registered in the Austrian company register (Firmenbuch). | |
| Request Accepted by DC | Pursuant to the standing resolution passed by the EMEA Determinations Committee (DC) on June 21, 2010, the first meeting of the EMEA DC to deliberate the DC Questions relating to this DC Issue has been deferred pending deliberation of such DC Questions by the EMEA DC legal subcommittee. Please refer to EMEA_DC_Standing_Resolution_210610. | |
| Pending DC Consent |