Hamburg Commercial Bank finances Acquisition of BREEAM certified office property in Belgium
Hamburg Commercial Bank (HCOB) provides EUR 16.5 million to Altaal Group and 1Zone Capital. The joint venture is using the financing to purchase a modern office building in Brussels that has been awarded a BREEAM (Building Research Establishment Environmental Assessment Methodology) certificate for sustainability.
Hamburg Commercial Bank provides acquisition financing for PingProperties
Hamburg Commercial Bank (HCOB) is providing EUR 43 million to PingProperties Daily Convenience Center IV C.C. - a subsidiary of the Dutch PingProperties Group - for the purchase and revitalization of a mixed-use property in the Dutch Zoetermeer. The term of the loan agreement is five years.
Hamburg Commercial Bank supports the next growth phase of valantic Group
Hamburg Commercial Bank (HCOB) has provided credit, loans and a working capital facility totaling EUR 50 million to valantic Group (valantic) as sole super senior lender as part of the unitranche acquisition financing for DPE Continuation Fund I by Permira Credit.
Hamburg Commercial Bank finances additional fiber optic project for Primevest Capital Partners
Hamburg Commercial Bank (HCOB) is providing long-term financing of EUR 21.5 million to the Communication Infrastructure Fund launched by Primevest Capital Partners (Primevest CP) for the expansion of fiber-optic infrastructure in more rural regions around the Frankfurt/Main and Bonn metropolitan areas. This is already the third financing that Hamburg Commercial Bank has provided for Primevest Capital Partners within a year.
Hamburg Commercial Bank supports MeinAuto Group AG in further growth
Hamburg Commercial Bank (HCOB) is providing leasing company Mobility Concept GmbH - an owned subsidiary of MeinAuto Group AG - with a €50 million working capital line.
Hamburg Commercial Bank goes to market with asset management subsidiary
As a subsidiary of Hamburg Commercial Bank (HCOB), Klarphos S.à r.l. specializes in individual fund solutions for Alternative Investments. In addition, the asset manager offers institutional investors tailor-made advisory on strategic asset allocation and optimized asset-liability management.
Ian Banwell takes over as CEO of Hamburg Commercial Bank
Ian Banwell (59) was appointed Chief Executive Officer (CEO) of Hamburg Com-mercial Bank AG (HCOB) on 1 October 2022. His previous position as Chief Financial Officer of the Management Board of HCOB was taken over by Marc Ziegner (46).
Hamburg Commercial Bank refinances French energy specialist IDEX
Hamburg Commercial Bank (HCOB) has participated in the Incremental Facility (Accordion) of EUR 200 million for the French energy specialist Idex. As an energy service provider, Idex specializes, among other things, in the operation of one of the largest French district heating networks and uses mainly renewable energies for this purpose.
Hamburg Commercial Bank involved in refinancing of broadband company Eurofiber
Hamburg Commercial Bank (HCOB) has participated as Mandated Lead Arranger and Cornerstone Lender in the refinancing of existing credit facilities as well as the financing of further Capex projects for the Dutch broadband company Eurofiber.
First half of 2022: Hamburg Commercial Bank generates group net result of EUR 207 million
Hamburg Commercial Bank AG (HCOB) published its financial figures for the first six months of 2022 on Thursday and got off to a good start in the first year after completing its transformation with a group net result of EUR 207 million (prior-year period: EUR 194 million).