Ad hoc: Resparcs Funding Limited Partnership I: Earnings prospect


06.02.13 21:50
Meldung
 
Resparcs Funding Limited Partnership I / Key word(s): Forecast/Profit Warning06.02.2013 21:44Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.---------------------------------RESPARCS Funding Limited Partnership I: Earnings prospects of HSH NordbankAGFebruary 06, 2013RESPARCS Funding Limited Partnership I (the company) announces thefollowing:The Company was informed by HSH Nordbank AG, Hamburg and Kiel ('the Bank'),that in today's meeting the supervisory board of the Bank approved of thefinancial planning submitted by the management board. The total expensesresulting from the new financial planning will result in net losses for thebusiness years 2013 and 2014 in the Bank's P&L according to German GAAP(HGB). The financial result of the years 2015 up until 2017 will be neededto reverse all accrued haircuts and to write-up the hybrid instruments topar value. Against this backdrop coupon payments on silent participationsand profit participations will not be made until 2017. Coupon payments areexpected to resume earliest on coupon payments date 30 June 2018.For the instruments of RESPARCS Funding Limited Partnership I with ISINXS0159207850 listed on the Luxembourg Stock Exchange which are based on asilent participation, this means that these instruments will participate ina balance sheet loss for the fiscal years 2012, 2013 and 2014. The bookvalue of the silent participation will most likely be reduced over thecourse of this period from currently 73 percent down to around 63 percent.For the profit periods 2012 until 2016 coupon payments most likely will notbe paid. The exact amount of loss participation cannot yet be quantifiedand will be made public after the Bank's supervisory board has approved ofthe annual financial statements of the Bank in the respective years.The following instrument of RESPARCS Funding Limited Partnership I isaffected:ISIN XS0159207850 listed on the Luxembourg Stock ExchangeIssuer:The Company, RESPARCS Funding Limited Partnership I, a limited partnershipestablished under the laws of Hong Kong on 26 November 2002, has acquiredwith the proceeds of the Re-Engineered Silent Participation AssimilatedRegulatory Capital (RESPARC) Securities, a silent participation in thecommercial enterprise (Handelsgewerbe) of HSH Nordbank (formerly LandesbankSchleswig-Holstein Girozentrale) in the form of a Stille Gesellschaft underGerman law. The Issuer expects to fund interest payments on the RESPARCSecurities with distributions received under the Participation Agreementand funds received from the Bank's Luxembourg branch under a loanagreement. Interest payments are contingent on the Issuer's receipt ofSilent Participation Payments from the Bank under the ParticipationAgreement.Hong Kong, February 6, 2013Company: RESPARCS Funding Limited Partnership I8/F, Gloucester Tower, The Landmark, 11 Pedder Street, Central, Hong Kong06.02.2013 DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------


 

Kurs- und weitere Informationen zum Thema:

RESPARCS FDG I 02/UND

Aktuelle Diskussionen zum Thema:


Aktuelle Nachrichten zum Unternehmen:


Alle Nachrichten zum Unternehmen

Aktuelle Analysen zu den Unternehmen:

RESPARCS FDG I 02/UND
Weitere Meldungen
 
07.02 UK-Regulatory: Tryg Forsikr.
07.02 UK-Regulatory: Tryg A/S A.
07.02 Ad hoc: voestalpine AG /vo.
07.02 UK-Regulatory: Sberbank: Sb.
06.02 Ad hoc: Resparcs Funding L.
06.02 Ad hoc: HSH N Funding I: E.
06.02 Ad hoc: RESPARCS Fundin.
06.02 Ad hoc: Generali Deutschlan.
06.02 UK-Regulatory: VOLKSWAG.
06.02 UK-Regulatory: VOLKSWAG.
06.02 Ad hoc: LifeWatch AG / L.
06.02 Ad hoc: Amadeus FiRe AG.
06.02 Ad hoc: Volksbank Vorarlbe.
06.02 UK-Regulatory: Sberbank: Sb.
06.02 Ad hoc: ad hoc-Meldung nac.
06.02 Ad hoc: Arzerra Fourth Qua.
06.02 Ad hoc: COMPUTEC MEDIA.
06.02 Ad hoc: KUKA Aktiengesel.
06.02 Ad hoc: TOMORROW FOCU.
06.02 Ad hoc: Peach Property Gro.
05.02 Ad hoc: Pearl Gold AG: Ko.
05.02 Ad hoc: EADS schlägt Kan.
05.02 Ad hoc: vwd Vereinigte Wi.
05.02 Ad hoc: EADS Proposes Ca.
05.02 Ad hoc: i:FAO Aktiengesells.
05.02 Ad hoc: Pearl Gold AG: Ko.
05.02 Ad hoc: ad pepper media In.
05.02 EANS-News: Montega AG /.
05.02 Ad hoc: Beta Systems Soft.
05.02 Ad hoc: i:FAO Aktiengesells.


Umfrage
 
Welche Social Networks nutzen Sie meistens?
Facebook
keine
Twitter
Xing
Linked in
Youtube
myspace
Google+
Wikipedia
andere


Stimmen: 6752 , Ergebnis


Kurssuche
Status: nicht eingeloggt

Registrieren | Passwort vergessen?
 
 
Im Bereich Nachrichten:
DAX nähert sich erster Zielmarke!
Experte: Stefan Hofmann, STOCK-WORLD
Kolumnen
DAX DOW überwindet die ...
Thomas Heydrich, Systemstrading.de (21.08.14)
Experte: Thomas Heydrich, Systemstrading.de
SJB FondsEcho. ...
Gerd Bennewirtz, SJB FondsSkyline (21.08.14)
Experte: Gerd Bennewirtz, SJB FondsSkyline
Deutsche Bank: Tiefere ...
trading notes future, (21.08.14)
Experte: trading notes future,
Infineon – Zweistelliges ...
Feingold-Research, (21.08.14)
Experte: Feingold-Research,
Apple auf Rekordjagd
Heiko Weyand, Zertifikate-Experte HSB. (21.08.14)
Experte: Heiko Weyand, Zertifikate-Experte HSBC Trinkaus
DAX: Zuerst Flop, dann Top
IG Markets, (21.08.14)
Experte: IG Markets,
Gute Nachrichten aus der ...
Cornelia Frey, Börse Stuttgart AG (21.08.14)
Experte: Cornelia Frey, Börse Stuttgart AG
CANCOM nach der ...
Chefredaktion, financial.de (21.08.14)
Experte: Chefredaktion, financial.de
DAX nähert sich erster ...
Stefan Hofmann, STOCK-WORLD (21.08.14)
Experte: Stefan Hofmann, STOCK-WORLD
DAX: dominieren die Käufe ...
Klaus Buhl, Libra Invest GmbH (21.08.14)
Experte: Klaus Buhl, Libra Invest GmbH
S&P-500-Index - Stopp auf ...
Jürgen Sterzbach, www.boerse-daily.de (21.08.14)
Experte: Jürgen Sterzbach, www.boerse-daily.de
Themen-Check: Stimmungen ...
Goldbergs Blick auf die., (21.08.14)
Experte: Goldbergs Blick auf die Märkte.,
Niquet's World
Neues vom Portal
 
Wertpapierdepot der 1822direkt: Attraktives Angebot für kostenbewusste ...
Letzte Börsen-Meldung
 
Letzte Börsen-Analyse
 
Top-Klicks News
 
Top-Klicks Analysen