DGAP-News: RESPARCS Funding II Limited Partnership: Notice to Holders of the RESPARC II Securities (deutsch)

RESPARCS Funding II Limited Partnership: Notice to Holders of the RESPARC II Securities

DGAP-News: RESPARCS Funding II Limited Partnership / Schlagwort(e):
Sonstiges/Sonstiges
RESPARCS Funding II Limited Partnership: Notice to Holders of the RESPARC II
Securities

19.12.2018 / 20:21
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

THE BELOW ANNOUNCEMENT IS MADE AT THE REQUEST OF HSH NORDBANK AG (THE
"BANK"). THE STATEMENTS AND CONCLUSIONS SET OUT THEREIN AND IN THE
TERMINATION NOTICE REFERRED TO THEREIN (TOGETHER WITH THE ANNOUNCEMENT, THE
"NOTIFICATION BY THE BANK") ARE SOLELY THOSE OF THE BANK.

THE PRINCIPAL PAYING AGENT DOES NOT EXPRESS ANY VIEW ON THE CONTENT
(INCLUDING THE ACCURACY THEREOF) OR IMPLICATION OR ON THE VALIDITY, EFFECT
(LEGAL OR OTHERWISE) OR ENFORCEABILITY OF THE NOTIFICATION BY THE BANK.

INVESTORS ARE URGED TO CONSULT THEIR LEGAL AND FINANCIAL ADVISORS WITH
REGARDS TO ALL ASPECTS OF THE NOTIFICATION BY THE BANK AND ITS EFFECT.

RESPARCS Funding II Limited Partnership

ISIN-Code: DE0009842542

Notice to Holders of the RESPARC II Securities (RESPARC II Securityholders)

Pursuant to Clause 5.2 of the paying agency agreement dated 26 May 2003 (the
"RESPARC II Paying Agency Agreement") and § 15 of the Terms and Conditions
of the RESPARC II Securities, the Principal Paying Agent hereby provides
notice of the receipt of a termination notice from HSH Nordbank AG dated 10
December 2018 (the "Termination Notice") relating to the EUR 500,000,000 LB
Kiel Re-Engineered Silent Participation Assimilated Regulatory Capital
(RESPARC) Securities participation agreement dated 23 May 2003 between HSH
Nordbank AG as bank and RESPARCS Funding II Limited Partnership, as silent
partner (the "RESPARC II Participation Agreement").

The annex to such Termination Notice sets out the following information
which is provided in its entirety by HSH Nordbank AG:

"The termination of the RESPARC II Participation Agreement is carried out
pursuant to Clause 7(3) thereof, and will be effective as of 31 December
2020.

The prior approval of the European Central Bank required for termination of
the RESPARC II Participation Agreement pursuant to Clause 7(6) thereof was
obtained on 2 November 2018.

The Termination Notice sets forth the Repayment Date as 30 June 2021, and
the Repayment Amount as the book value of the silent contribution as
determined in HSH Nordbank AG's balance sheet for its fiscal year 2020,
pursuant to and in accordance with the RESPARC II Participation Agreement."

The annex further states the following:

"On the Repayment Date, HSH Nordbank AG (or in its behalf, HSBC Trustee
(C.I.) Limited, as the fiduciary) will pay an amount equal to the Repayment
Amount falling due in accordance with the RESPARC II Participation
Agreement. Such payment by HSH Nordbank AG to [.] the Principal Paying Agent
will be in satisfaction of RESPARCS Funding II Limited Partnership's
obligation to make such payment as the Issuer, to Clearstream Frankfurt
through [.] the Principal Paying Agent. The provisions concerning the
information provided in this paragraph, along with further details governing
repayment and redemption of the RESPARC II Securities, are set forth under §
7 and § 9 of the Terms and Conditions of the RESPARC II Securities and
Clauses 4.3 to 4.5 of the RESPARC II Paying Agency Agreement.

[...] pursuant to § 7(3) of the Terms and Conditions of the RESPARC II
Securities, RESPARCS Funding II Limited Partnership, as the Issuer, will
notify the Termination Date and Repayment Date to [...] the RESPARC II
Securityholders, in accordance with § 15 of the same Terms and Conditions,
with a notice period of not less than 30 and not greater than 60 days."

Deutsche Bank AG 19 December 2018

in its capacity as Principal Paying Agent

19.12.2018 Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch DGAP - ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

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Sprache:        Deutsch
   Unternehmen:    RESPARCS Funding II Limited Partnership
                   22 Grenville Street
                   JE4 8PX St.Helier/Jersey Channel Islands
                   Großbritannien
   Telefon:        -
   Fax:            -
   E-Mail:         [e-mail]
   Internet:       www.resparcs.com
   ISIN:           DE0009842542
   WKN:            984254
   Börsen:         Regulierter Markt in Frankfurt (General Standard);
                   Amsterdam

   Ende der Mitteilung    DGAP News-Service
760623 19.12.2018

	 ISIN  DE0009842542

	AXC0292    2018-12-19/20:21