DEPFA Deutsche Pfandbriefbank AG
DEPFA Deutsche Pfandbriefbank AG: SoFFin grants EUR 20 billion framework guarantee to Hypo Real Estate Group
DEPFA Deutsche Pfandbriefbank 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 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: Stefan Krick +49 (06196) / 9990-2851 21.11.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: DEPFA Deutsche Pfandbriefbank AG Ludwig-Erhard-Straße 14 65760 Eschborn Deutschland Phone: +49 (0)6196 9990-0 Fax: +49 (0)6196 9990-1331 E-mail: Stefan.Krick@DePfa.com Internet: www.depfa-pfandbriefbank.com ISIN: DE0008042946, DE0008042938, DE0008042904 WKN: 804294, Eine vollständige Übersicht der Eigenemissionen der DEPFA Deutsche Pfandbriefbank AG (ISIN, Börse,Segment) finden Sie unter:, http://www.depfa-pfandbriefbank.com/pf/de/2498.html Listed: Regulierter Markt in Frankfurt (General Standard), Luxembourg; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart; Foreign Exchange(s) SWX End of News DGAP News-Service ---------------------------------------------------------------------------
Latest News
Latest Reports
Upcoming Events
No Events found
Webcasts
No Webcasts found