Ad-hoc | 30 October 2008 23:30
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.
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Munich, 30 Oct 2008 – The German Financial Markets Stabilisation Fund
('SoFFin') today granted the EUR 15 billion guarantee applied for by Hypo
Real Estate Group on 28 Oct 2008. The guarantee will cover a bank bond
which Hypo Real Estate Group can pledge to draw on a special EUR 15 billion
liquidity support facility from Deutsche Bundesbank. The guarantee has a
short-term maturity. It is planned to refinance the liquidity provided
hereunder with the liquidity facility to be provided by a German financing
consortium, Deutsche Bundesbank, and the German Ministry of Finance, as
announced earlier.
The Group today also reached an agreement with the financing consortium on
a key element of this latter facility. It is envisaged to provide the full
extent of liquidity facilities by mid-November.
Contact:
Reiner Barthuber +49-89-203007-201
30.10.2008 Financial News transmitted by DGAP
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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: info@hyporealestate.de
Internet: www.hyporealestate.com
ISIN: DE0008084047, DE0008127200, DE0008127218, DE0008127226, , ,
WKN: 808404, 812720, 812721, 812722, , 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 Düsseldorf, München, Luxembourg; Foreign
Exchange(s) Paris, SWX
End of News DGAP News-Service
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