Ad-hoc | 21 November 2008 18:05
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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SoFFin grants EUR 20 billion framework guarantee to Hypo Real Estate Group
The German Financial Markets Stabilisation Fund ('SoFFin') has granted a
EUR 20 billion framework guarantee to Hypo Real Estate Group, to strengthen
the Group's liquidity.
Hypo Real Estate Bank AG, part of Hypo Real Estate Group, can use the
guarantees to be issued by SoFFin to collateralise debt securities to be
issued, which must be due for repayment by 15 January 2009 at the latest.
Hypo Real Estate Bank AG will pay to SoFFin a pro-rata commitment
commission of 0.1% of the undrawn portion of the frame work guarantee. The
fee for guarantees drawn will be 1.5% p.a..
The agreed framework guarantee is a result of the ongoing negotiations of
Hypo Real Estate Group with SoFFin regarding longer-term and comprehensive
liquidity and capital support measures for the Group.
Contact:
Reiner Barthuber +49-89-203007-201
21.11.2008 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, 812404, , , , 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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