Look for:


Our corporate finance solutions

Equity Capital Markets

We offer you a variety of measures to improve your company’s equity position.

Equity Capital Markets

Erste Group’s Equity Capital Markets Team combines market insight and intelligence with corporate finance knowledge to develop capital raising and share placement solutions for you. We structure and execute equity and equity-linked new issues such as initial public offerings (IPOs), secondary placements (SPOs), rights issues, privatisations, convertible bonds and exchangeable bonds. Our customers can rely on our ability to develop and execute tailor-made structured projects based on our international expertise and knowledge of the local markets, rules and regulations.

Our team consists of a core execution team based in Vienna and local teams in Czech Republic, Romania and Poland.

We work with issuers in our core markets Austria, Germany and Central Eastern Europe and provide professional support by our equity research and sales teams to offer the best services possible for each of our clients.

Our services

IPOs, SPOs and capital increases

An IPO is an option to be considered by companies with an attractive investment story, a decent annual sales growth rate, an attractive industry from an investor’s point of view, a clearly defined corporate strategy and an experienced and convincing top management.

Private Placements

An offering of shares to a selected number of institutional investors – as opposed to a public offering – is sometimes the preferable solution for a company looking to raise equity on the market. This decision depends on the type and size of the company, the complexity of its business model and the prevailing capital markets conditions. Requirement is an already existing exchange listing.

Convertible bonds

Convertible issues are well-suited for listed companies both rated and non-rated, whose shares have seen a solid performance, with attractive short to mid-term growth prospects and with an appropriate volatility. Convertible bonds are further highly useful for acquisition finance, significantly cutting finance costs and refinancing existing finance products.

Complex capital measures

We offer bank- and execution services in the context of complex capital measures of stock exchange listed issuers, such as (national and cross-border) mergers, spin-offs, takeovers and squeeze-outs and other capital measures.
Furthermore, we see ourselves committed to our clients as their partners in capital markets and stock exchange issues also in the future. Therefore, we support you with efficient after-market activities such as market making, paying agency services, continuous quality research coverage, organization of road shows, investor conferences and ongoing support service by Institutional Sales.
We ensure that our client’s equity capital markets transactions enjoy a high level of comfort and a short time to market.

Corporate finance and advisory services

We offer assistance to you considering IPOs, due diligence projects, valuations or that you would simply like to evaluate your finance structure. We offer state-of-the-art services in all regions and specialize in the development of flexible and individual solutions jointly with our clients.

Bernhard Leder

Head of Group Markets Origination & Funding

Erste Group Bank AG
Am Belvedere 1
1100 Vienna
Tel.: +43 (0)5 0100 – 85076


We use cookies and web analysis software to give you the best possible experience on our website. If you consent, these tools will be used. For more details please read our Data protection policy.


Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended). For this reason, the distribution or redistribution of the information, materials and products into United States or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.
(iV) It is no consumer.