RESPARCS Funding II Limited Partnership
RESPARCS Funding II Limited Partnership:
RESPARCS Funding II Limited Partnership / Key word(s): Bond/Payout RESPARCS Funding II Limited Partnership: Participation in losses and non-payment of coupons for HSH Nordbank’s hybrid capital April 02, 2012 RESPARCS Funding II Limited Partnership (the company) announces the following: The Company was informed by HSH Nordbank AG, Hamburg and Kiel (‘the Bank’), that the financial statements for the business year 2011 of the Bank according to HGB (‘Handelsgesetzbuch’ / German GAAP) will report a balance sheet loss/net loss for 2011. Therefore, no coupon payments for the fiscal year 2011 will be made by the Bank on silent participations and profit participation capital. Moreover, these hybrid instruments will participate in the Bank’s balance sheet loss/net loss. For the instruments of RESPARCS Funding II Limited Partnership with ISIN DE0009842542 listed on the Frankfurt Stock Exchange and on the Official Segment of the stock market of Euronext Amsterdam N.V. which are based on a silent participation, this means that no coupon payment will be made for the profit period 2011 due on June 30, 2012, and that these instruments will participate in a balance sheet loss for the fiscal year 2011 via the silent participation. The book value of the silent participation was reduced by 6.318493384 percent to 73.091411685 percent. The following instrument of RESPARCS Funding II Limited Partnership is affected: ISIN DE0009842542 listed on the Frankfurt Stock Exchange and on the Official Segment of the stock market of Euronext Amsterdam N.V.: Issuer Jersey, April 03, 2012 Company: RESPARCS Funding II Limited Partnership End of Corporate News 02.04.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | RESPARCS Funding II Limited Partnership | |
22 Grenville Street | ||
JE4 8PX St.Helier/Jersey Channel Islands | ||
United Kingdom | ||
Phone: | – | |
Fax: | – | |
E-mail: | – | |
Internet: | – | |
ISIN: | DE0009842542 | |
WKN: | 984254 | |
Listed: | Regulierter Markt in Frankfurt (General Standard) | |
End of News | DGAP News-Service |
163615 02.04.2012 |