Capital/Financing Update • Jan 20, 2009
Capital/Financing Update
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 20 January 2009 21:55
Hypo Real Estate Bank AG:German Financial Markets Stabilisation Fund (‘SoFFin’) extends the framework guarantee granted to Hypo Real Estate Group by an additional EUR 12 billion
Hypo Real Estate Bank AG / Agreement
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
German Financial Markets Stabilisation Fund ('SoFFin') extends the
framework guarantee granted to Hypo Real Estate Group by an additional EUR
12 billion
Munich, 20 January 2009 – The German Financial Markets Stabilisation Fund
('SoFFin') has extended its framework guarantee granted to Hypo Real Estate
Group by an additional EUR 12 billion, bringing the aggregate guarantee
amount to EUR 42 billion.
Hypo Real Estate Bank AG, part of Hypo Real Estate Group, can use the
additional guarantees to be issued by SoFFin to collateralise debt
securities to be issued, which must be due for repayment by 12 June 2009 at
the latest. Hypo Real Estate Bank AG will pay to SoFFin a pro-rata
commitment commission of 0.1% on the undrawn portion of the framework
guarantee, and a 0.5% p.a. fee on guarantees drawn upon.
Negotiations between Hypo Real Estate and SoFFin regarding more extensive
and longer-term liquidity and capital support measures for the Group have
not yet been finalised.
Contact:
Reiner Barthuber +49-89-203007-201
Language: English
Issuer: Hypo Real Estate Bank AG
Von-der-Tann-Str. 2
80539 München
Deutschland
Phone: +49 (0) 89 20 30 07 780
Fax: +49 (0) 89 20 30 07 33 780
E-mail: [email protected]
Internet: www.hyporealestate.com
ISIN: DE0008084047, DE0008127200, DE0008127218, DE0008127226, DE0005463251, XS0303478118
WKN: 808404, 812720, 812721, 812722, 812404, 546325, A0NXMH, Eine vollständige Übersicht der Eigenemissionen der Hypo Real Estate Bank AG (ISIN, Börse,Segment) finden Sie unter:, http://www.hyporealestate.com/7923.php
Listed: Regulierter Markt in München, Düsseldorf, Luxembourg,
Stuttgart; Foreign Exchange(s) London, Paris, SWX
End of News DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.