08/03/2018
HSH Nordbank finances Allee Center in Leipzig for EQT Real Estate
HSH Nordbank will provide EQT Real Estate with part of the finance to acquire the Allee-Center neighbourhood shopping mall in the Leipzig district of Grünau. The parties agreed not to disclose the size of the transaction. The Allee-Center was built in 1996 and accommodates about 100 retail businesses on a rental space of around 40,000 square metres. There are 944 parking spaces.
read more07/20/2018
HSH Nordbank’s M&A team advised LAPP on acquisition of Volland AG
HSH Nordbank’s M&A team successfully advised LAPP on its acquisition of Switzerland-based Volland AG. Based in Stuttgart, LAPP is one of the world’s leading providers of integrated solutions and branded products in the field of cable and connection technology.
read more07/05/2018
HSH Nordbank places € 500 million mortgage pfandbrief
HSH Nordbank is taking advantage of the favourable market situation by issuing a five-year mortgage pfandbrief in benchmark format. Pricing was 18 basis points above mid-swaps. The order book was with more than € 1 billion well oversubscribed, with an issuance volume of € 500 million and closed within a few hours. Moody’s has issued an “Aa3” rating for the mortgage pfandbrief.
read more06/19/2018
Ireland: HSH finances wind farm and expansion of transformer station
HSH Nordbank is making available to its Irish client Seahound Wind Developments Limited long-term project finance of just under € 40 million to realise the Letteragh wind farm project in the west of the Irish Republic.
read more06/15/2018
HSH prepares for multi-year transformation – extraordinary effects weigh on Q1 result
As well as recording satisfactory operating performance and savings in the first quarter of 2018, HSH Nordbank also incurred the expected heavy burdens. In addition to the previously recognised annual premiums for the bank levy and the deposit guarantee fund, these included considerable costs related to privatisation.
read more05/30/2018
HSH finances Hamburg residential property portfolio for Round Hill Capital
HSH Nordbank is making available € 113.5 million to Round Hill Capital to buy a largely residential-use portfolio in Hamburg.
read more05/30/2018
HSH Nordbank finances the largest solar park in the Netherlands to date
HSH Nordbank is making available to IB Vogt GmbH EUR 41 million in long-term project finance for the construction and operation of the Scaldia solar park in the Netherlands.
read more04/26/2018
HSH creates basis for privatisation in 2017 and is looking ahead
In the year 2017, HSH Nordbank established the conditions for a successful privatisation, thereby laying the foundations for the future.
read more02/28/2018
Experienced private owners for HSH – remaining legacy assets to be carved out
HSH Nordbank AG is to become a corporate bank with entirely private shareholders, including independent affiliates of Cerberus European Investments, J. C. Flowers & Co., GoldenTree Asset Management, Centaurus Capital LP and BAWAG. The federal state owners Hamburg and Schleswig-Holstein and the Savings Bank Association of Schleswig-Holstein have concluded a contract to sell all of their indirectly held HSH Nordbank AG shares (in total 94,9 percent), thus achieving the first successful privatisation of a federal state bank in Germany.
read more02/27/2018
Infrastructure - HSH focuses on new growth market areas
HSH Nordbank is increasingly backing the growth sectors of broadband, energy contracting and storage in the European infrastructure market - and its efforts have met with success: “In these parts, the competition on this highly attractive market is mainly international. But I see us as the leading domestic name,” said Dr. Marcus Kleiner, Head of Infrastructure & Rail at HSH Nordbank.
read more01/31/2018
HSH Nordbank to finance Brotorp wind farm in Sweden for BlackRock
HSH Nordbank will provide the investor BlackRock with a long-term loan amounting to about € 31 million to refinance the Brotorp wind farm in southern Sweden. The farm with 14 Vestas 126 type wind turbines and a total capacity of 46.2 megawatts (MW) has been in operation since December 2015.
read more12/13/2017
HSH succeeds in entering the Portuguese market with the refinancing of 2 solar plants
HSH Nordbank will provide the independent French energy producer Neoen long-term loans amounting to about € 30 million to refinance two solar plants in Portugal.
read more12/07/2017
HSH financing Carrickallen wind farm project in the Republic of Ireland
HSH Nordbank is providing Galetech Energy Developments (GED) with long-term finance amounting to about € 43 million for construction of the Carrickallen wind farm project in the Republic of Ireland.
read more11/29/2017
Growth in income and new business for HSH Nordbank
Based on operating successes, considerable progress in reducing costs and legacy assets while showing strong capital ratios, HSH Nordbank is well prepared for its upcoming privatisation: Group pre-tax profit up to the end of September rose to € 201 million (January - September 2016: € 183 m).
read more11/28/2017
HSH Nordbank finances a portion of the Q-Park acquisition for KKR
HSH Nordbank is making available to investment firm KKR a portion of the Q-Park acquisition finance and revolving facility totalling around EUR 1.4 billion as a mandated lead arranger in a global syndicate.
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