13/11/2013
EUROHYPO CAPITAL FUNDING TRUST II
Wilmington, Delaware, U.S.A.
300,000 Noncumulative Trust Preferred Securities
- ISIN: DE000A0DZJZ7 -
Capitalised terms not otherwise defined herein shall have the meanings given to them in the Offering Circular issued in connection with the Noncumulative Trust Preferred Securities of Eurohypo Capital Funding Trust II ("Trust Preferred Securities") dated 4 March 2005 (the "Offering Circular") and constitutes a prospectus for the purpose of the listing and issuing rule of the Euronext Amsterdam.
Hypothekenbank Frankfurt AG (formerly Eurohypo Aktiengesellschaft) has agreed to make payments to the holders of the Trust Preferred Securities on or about 15 November 2013 with an overall amount of EUR 43,921,834.89 for the coupons foregone on 08 March 2010, 08 March 2011, 08 March 2012 and 08 March 2013. The overall amount of EUR 43,921,834.89 includes pre- and post-settlement interest on the foregoing amounts at an annual rate of interest of 5%, compounded semi-annually, from 08 March 2010, 08 March 2011, 08 March 2012 and 08 March 2013 respectively, through the date of payment. This relates to a payment of EUR 146.40 per denomination of EUR 1,000.
Commencing on the date of this announcement, regardless of whether Hypothekenbank Frankfurt AG has a fiscal year profit but otherwise subject to the terms and conditions of the Trust Preferred Securities, for those Class B Payment Dates for which the payment obligation on the Class B Preferred Securities is based on the Bank Distributable Profits of Hypothekenbank Frankfurt AG for a fiscal year, Eurohypo Capital Funding LLC II will consider Hypothekenbank Frankfurt AG to have sufficient Bank Distributable Profits to make Capital Payments on the Class B Preferred Securities and will cause Eurohypo Capital Funding Trust II to make Capital Payments to the holders of its Trust Preferred Securities for any fiscal year during which the domination and profit and loss transfer agreement dated 26 June 2007 between Commerzbank Inlandsbanken Holding GmbH and Hypothekenbank Frankfurt AG remains in effect.
Further, solely for the purposes of determining Capital Payments under the Amended and Restated Limited Liability Company Agreement of Eurohypo Capital Funding LLC II (the “LLC Agreement”), Eurohypo Capital Funding LLC II will consider profit participation certificates (Genussscheine) to be Parity Securities as that term is defined under the LLC Agreement.
Regular Trustee
Eurohypo Capital Funding Trust II
One Rodney Square, 10th Floor
190801 Wilmington, Delaware
United States of America
