DEPFA Deutsche Pfandbriefbank AG
DEPFA Deutsche Pfandbriefbank AG:Financial Markets Stabilisation Fund guarantees bank bond; first element of liquidity facility agreed with consortium of banks
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. ---------------------------------------------------------------------- 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: Stefan Krick +49 (06196) / 9990-2851 30.10.2008 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 ---------------------------------------------------------------------------
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