CMTA AG: Austrian fintech company successfully places bond issue for Ceska Exportni Banka as lead manager
Vienna, November 14, 2024 – CMTA AG, recently named one of the Top Innovative Companies 2025, has achieved another major success! On November 4, 2024, the Czech development and export promotion bank Ceska Exportni Banka a.s. (AA- by Standard & Poor’s) placed its first bond of the year with the support of CMTA AG and KBC Bank as lead manager. The bond has a volume of EUR 70 million and bears interest at a floating rate of 6-month Euribor +50bp. The bond with ISIN XS2937301997 is listed on the Luxembourg Stock Exchange and matures in November 2030.
In addition to CMTA and CSOB / KBC Bank (as parent company of CSOB), White & Case acted as Dealer Counsel and Allen Overy Shearman Sterling as Issuer Counsel in the transaction. CMTA was also supported by the experts of the Viennese law firm Akela.
The role as lead manager – which is otherwise only reserved for major international banks – is another milestone in CMTA AG’s success story to date and proves that the company can now also play in the big league. CMTA AG – also advised by AKELA – had already made a name for itself on the market when it became the first Austrian securities firm to obtain a license for proprietary trading, custody business and the placement of securities at the beginning of 2024. These services were previously reserved exclusively for banks in Austria.
A strong team for a strong issue – voices on the successful transaction:
Peter Rychel, CSO CMTA AG: “We are pleased to announce the successful placement of a EUR 70 million syndicated bond for Ceská exportní banka, a.s.. The strong investor demand and the close cooperation with Ceská exportní banka and the syndicate partner made this issue possible. Special thanks go to our long-term partner and renowned law firm Akela Attorneys at Law for their excellent support. This successful placement underlines our expertise in capital market financing and our commitment to our clients.”
David Franta, Director, Treasury & Fund Raising Ceska Bank“”We decided to execute a quick transaction before the US elections. CMTA AG entered the transaction with a new investor, with a significant underwritten stake and at an interesting price. The role of lead manager for CMTA AG together with KBC Bank NV was clear to us. Thanks are due not only to CMTA AG, but also to the KBC team and legal advisors, who were constructive and open to a new approach. The Czech Export Bank is looking for new investors and innovative partners who share the same goal, a good business.”
Michael Kollik, Partner at Akela: “We are delighted that we were able to advise CMTA AG on its next milestone after the comprehensive WAG concession extension. We have once again broken new ground together and achieved an excellent result under great time pressure. This was only possible thanks to the teamwork and constructive cooperation of everyone involved.”
About CMTA AG:
CMTA AG is a pioneer in the field of AI capital market solutions. With its “JAMES” trading platform, the innovative company is revolutionizing the traditional bond market by optimizing transparency and liquidity in bond trading. Thanks to the new extended license, CMTA AG can offer its already more than 800 institutional clients a comprehensive range of services that includes product placement on the primary market, secondary market support, market making and product pricing.
CMTA AG
HQ Schmiedgasse 38 | 8010 Graz, Austria
www.cmta.at
Contact person:
Sarah Weihs
Head of HR & Communication
presse@cmta.at | +43 50 2682
