HSH Nordbank refinances Boeing 747-400 Freighter for Cargolux Airlines

Hamburg/Kiel, March 13, 2011 - HSH Nordbank has provided a refinancing in respect of one Boeing 747-400 Freighter aircraft to Cargolux Airlines. HSH Nordbank is the sole arranger and underwriter of this transaction.

Through this deal, HSH Nordbank continues its long-standing business relationship with Cargolux Airlines. ‘We are very pleased that through this transaction we are able to support our key customer Cargolux once again,’ commented Angela Behrend-Görnemann, Head of Aviation Finance at HSH Nordbank.

Cargolux Airlines is one of the world’s leading cargo airlines. Its fleet includes eleven Boeing 747-400 Freighter aircraft. Furthermore, Cargolux is the launch customer of the B747-8 Freighter, with the first aircraft to join the fleet mid 2011.

This Press Release as pdf

The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.

This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.

Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.