Capital/Financing Update • Feb 11, 2009
Capital/Financing Update
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Ad-hoc | 11 February 2009 11:27
Hypo Real Estate Bank AG: SoFFin extends framework guarantee to Hypo Real Estate Group by EUR 10 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.
SoFFin extends framework guarantee to Hypo Real Estate Group by EUR 10
billion
Munich, 11 February 2009 – The German Financial Markets Stabilisation Fund
('SoFFin') has granted an additional EUR 10 billion framework guarantee,
expiring on 12 June 2009, to Hypo Real Estate Group.
Hypo Real Estate Bank AG, part of Hypo Real Estate Group, will use the
guarantee framework to collateralise debt securities to be issued, which
are due for repayment by 14 May 2009. 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.
The aggregate guarantee framework provided by SoFFin to the Group amounts
to EUR 52 billion.
Negotiations between Hypo Real Estate Group and SoFFin regarding more
extensive and longer-term liquidity and capital support measures 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
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