02/21/2007
HSH Nordbank strengthens its presence on the North American shipping market
HSH Nordbank AG has appointed Hugh Baker as Senior Relationship Manager (39) for the North American shipping market. Having recruited Baker, the Bank has succeeded in gaining an experienced specialist. Baker joins HSH Nordbank from ING Bank. There he was also responsible for the North American shipping market.
read more02/12/2007
HSH Nordbank successfully issues its first public-sector jumbo Pfandbrief / EUR 1 billion subscribed by institutional investors
HSH Nordbank AG has successfully placed its first public-sector jumbo Pfandbrief with a face value of one billion euros among institutional investors. The Pfandbrief has a two-year term, maturing on February 19, 2009, and comes with a 4% coupon. The issue price stands at 99.791%, with the re-offer yield set at 4.11%. The spread is 8.5 of a basis point below the mid-swap rate and 17.5 basis points above the 3.75% German government bonds maturing in January 2009.
read more02/09/2007
Jochen Friedrich new member of the Management Board of HSH Nordbank responsible for the capital markets
Jochen Friedrich (43) is to join the Management Board of HSH Nordbank AG. In this capacity he will be responsible for the Bank’s capital-market activities.
read more02/08/2007
HSH Nordbank: Subordinated bond successfully placed in Europe
HSH Nordbank AG has placed a subordinated bond with a volume of EUR 1.75 million among institutional investors in Europe. The bond consists of two tranches: EUR 1 billion with a floating rate and EUR 750 million with a fixed rate coupon. The issue was lead managed by Deutsche Bank, HSH Nordbank and UBS, and was more than twice oversubscribed.
read more01/24/2007
HSH Nordbank has a new General Manager for ship finance in Italy
HSH Nordbank has appointed Mario Pascarella (42) as General Manager and Relationship Manager of the Norship Italia joint venture effective February 1, 2007. In this role, he will expand the Bank’s business relationships with customers in the Italian shipping industry. Mario Pascarella will succeed Anna-Francesca Lange, who established Norship Italia in the Italian shipping market. She will return to head office in Hamburg.
read more01/22/2007
HSH Nordbank blue race 2007 - the challenge to sailors
On board an ocean-going yacht across the Atlantic – many a sailor’s dream. The HSH Nordbank blue race provides an opportunity to do just that. The big, international transatlantic regatta for offshore yachts from Newport, Rhode Island to Hamburg sets off on June 16. More than 20 yachts have already signed up so far.
read more01/12/2007
HSH Nordbank reduces stake in IVG
Due to the market’s strong interest in IVG stock, HSH Nordbank has decided to increase the free float further and to reduce its holding, which is medium term in nature, from 5.1% to approx. 2.5%. Simultaneously HSH Nordbank enters into a hedging transaction on the remainder, pursuant to which HSH Nordbank will retain limited exposure to movements in the IVG share price.
read more01/02/2007
HSH Nordbank appoints Thomas Ignatzi as General Manager of its Hong Kong branch
HSH Nordbank has appointed Dr. Thomas Ignatzi (41) as Head of “Corporate Banking Asia” effective January 1, 2007. At the same time he will take over the position of General Manager of our Hong Kong branch. Dr. Ignatzi has many years of experience in the corporate customer business and headed the corresponding business unit in Hamburg over the past four years.
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