Resparcs Funding Limited Partnership I
Resparcs Funding Limited Partnership I: Termination Notice by HSH Nordbank AG with regard to RESPARCS I Participation Agreement
Resparcs Funding Limited Partnership I / Key word(s): Miscellaneous Reference: Termination Notice by HSH Nordbank AG with regard to RESPARCS I Participation Agreement
With notice dated 10 December 2018, HSH Nordbank AG has stated the termination of the RESPARCS I Participation Agreement with effect as of 31 December 2020. Simultaneously HSH Nordbank AG informed us that its solvency ratio sustainably exceeded 9% on an unconsolidated and consolidated basis and that it had obtained the approval of the European Central Bank on 2 November 2018. RESPARCS Funding Limited Partnership I is having the termination notice by HSH Nordbank AG independently legally examined. An effective termination of the RESPARCS I Participation Agreement would lead to a repayment of the silent participation and, respectively, to a repayment to the Securityholders. Repayment Date would be 30 June 2021.
13-Dec-2018 CET/CEST The EQS Distribution Services include Regulatory Announcements, Corporate News and Press Releases. |
Language: | English |
Company: | Resparcs Funding Limited Partnership I |
Gloucester Tower, 8th Floor, The Landmark, 15 Queen’ s Road | |
Central Hong Kong | |
China | |
Phone: | +65 6550 9011 |
Fax: | +65 6550 9420 |
E-mail: | ralf.schmidt@hsh-nordbank.com.sg |
Internet: | – |
ISIN: | XS0159207850 |
WKN: | 393734 |
Listed: | Regulated Unofficial Market in Frankfurt, Munich, Stuttgart; Luxembourg Stock Exchange |
End of Announcement | EQS News Service |