DEPFA FUNDING III L.P. EO-FLR PREF.SECS 2005(11/UND.)

[kesox]

ISIN: DE000A0E5U85

Details:

http://www.hyporeale...ding_III_LP.pdf

 

Ich habe mir diese Anleihe am 07.03.2006 gekauft.

 

Momentan steht sie bei 16,85%. Es gibt etwas Umsatz und im August 2011 ist sie auf 23% hoch.

 

Könnt ihr was dazu sagen wie es damit weitergehen könnte ?

Es ist eine Endlos-Anleihe, ist trotzdem mit einer Rückzahlung zu rechnen ?

Wird es mal wieder Zinszahlungen geben ?

[Zinsen]

Irgendwann... die Treuhand wurde schließlich ja auch aufgelöst, vor den 20'er Jahren würde ich nicht damit rechnen, etwas zurückzubekommen. Und selbst dann stellt sich die Frage, ob dieser Bond nicht irgendwo im Nirgendwo verschwinden könnte.

[kesox]

Danke für die Antwort.

 

Tja, dann ist jetzt die Frage, ob nicht ein Verkauf sinnvoll wäre. Viel ist vom investierten Geld nicht mehr übrig aber mit dem verbleibenden Rest könnte ich mir vielleicht was besseres zulegen.

[Superhirn]

Danke für die Antwort.

 

Tja, dann ist jetzt die Frage, ob nicht ein Verkauf sinnvoll wäre. Viel ist vom investierten Geld nicht mehr übrig aber mit dem verbleibenden Rest könnte ich mir vielleicht was besseres zulegen.

 

Hoffentlcih hast Du die behalten. Heute 44,50%. Das nenne ich mal eine anständige Rendite in 18 Monaten

[kesox]

Hoffentlcih hast Du die behalten. Heute 44,50%. Das nenne ich mal eine anständige Rendite in 18 Monaten

 

Leider nein, Verkauft am 02.05.2012 für EUR 21,00.

 

Irgend was ist Ende April 2013 passiert und der Kurs ist gestiegen. Komischerweise wird bei Onvista der Chart auch erst ab Ende April dargestellt obwohl Emissionsdatum der 08.06.2005 ist.

 

http://www.onvista.d...IN=DE000A0E5U85

[Superhirn]

Hoffentlcih hast Du die behalten. Heute 44,50%. Das nenne ich mal eine anständige Rendite in 18 Monaten

 

Leider nein, Verkauft am 02.05.2012 für EUR 21,00.

 

Irgend was ist Ende April 2013 passiert und der Kurs ist gestiegen. Komischerweise wird bei Onvista der Chart auch erst ab Ende April dargestellt obwohl Emissionsdatum der 08.06.2005 ist.

 

http://www.onvista.d...IN=DE000A0E5U85

 

Tja, was ich alles schon viel zu früh verkauft habe ....

 

Was da passiert ist? Das sollten unsere Spezialisten hier wissen. Bin mal gespannt.

 

Die 2 Seiten Prospekt die bei der Börse Stuttgart dranhängen sind ja nicht wirklich aussagekräftig.

[bondholder]

Nanu, hier steht ja noch gar nichts über den für dieses Jahr angekündigten Rückkauf:

DEPFA BANK plc: Proposed Tender Offer for Preferred Securities

 

STOCK EXCHANGE ANNOUNCEMENT Ad Hoc Announcement - For immediate release

 

14 January 2015

 

RE: Proposed Tender Offer for Preferred Securities

Issued on behalf of the following companies and limited partnerships in respect of their listed debt:

 

DEPFA BANK plc ('DEPFA') DEPFA Funding II LP

DEPFA ACS BANK DEPFA Funding III LP

HYPO Pfandbrief Bank International S.A. DEPFA Funding IV LP

 

FMS Wertmanagement AöR ('FMS-WM'), the parent company of DEPFA, has informed DEPFA that it proposes to launch a tender offer inviting holders of the following securities:

 

EUR400,000,000 6.50 per cent. Guaranteed Non-voting Non-cumulative Perpetual Preferred Securities issued in two series of EUR300,000,000 on 28 October 2003 and EUR100,000,000 on 5 February 2004 by DEPFA Funding II LP (the 'DEPFA II Securities') ISIN: XS0178243332;

 

EUR300,000,000 Fixed Rate/Variable Rate Guaranteed Non-voting Non-cumulative Perpetual Preferred Securities issued on 7 June 2005 by DEPFA Funding III LP (the 'DEPFA III Securities') ISIN: DE000A0E5U85; and

 

EUR500,000,000 Fixed Rate/Floating Rate Guaranteed Non-voting Non-cumulative Perpetual Preferred Securities issued on 16 March 2007 by DEPFA Funding IV LP (the 'DEPFA IV Securities') ISIN: XS0291655727,

 

each guaranteed by DEPFA (together, the 'Preferred Securities'), to tender those securities for purchase by FMS-WM on the terms described below and in relation thereto FMS-WM has entered into a commitment agreement with certain holders of those securities as described below.

 

FMS-WM has further informed DEPFA that on 22 December 2014 certain holders of the Preferred Securities (the 'Committed Holders') representing approximately 70% of the DEPFA II Securities, 59% of the DEPFA III Securities and 66% of the DEPFA IV Securities entered into an agreement with FMS-WM pursuant to which the Committed Holders have undertaken to tender their Preferred Securities for purchase by FMS-WM on the terms of a tender offer that FMS-WM proposes to launch and to vote in favour of certain amendments to the terms and conditions of the Preferred Securities in an associated consent solicitation process (the proposed tender offer and consent solicitation are referred to as the 'Proposed Transaction'). The agreement between FMS-WM and the Committed Holders does not restrict the Committed Holders' ability to trade Preferred Securities, subject to the transferees agreeing to commit to tender those Preferred Securities and to vote in favour of those amendments. This agreement is subject to customary provisions including regarding an outside termination date for consummation of the Proposed Transaction, which provisions can be extended by mutual agreement of the parties.

 

The Proposed Transaction remains subject in its entirety to regulatory approval by the competent regulator. FMS-WM has agreed with the Committed Holders to launch the Tender Offer Memorandum timely following positive indication by the regulator.

 

If it proceeds, the Proposed Transaction will be launched with the issuance of a Tender Offer Memorandum. FMS-WM has informed DEPFA that it is not able at this time to state with certainty whether or when the issuance of the Tender Offer Memorandum will take place.

 

The Committed Holders and FMS-WM have agreed that the Proposed Transaction will include a tender offer by FMS-WM for the Preferred Securities at a Purchase Price of EUR0.604509 (sixty point four five zero nine cents) per EUR1 (one euro) of liquidation preference of each DEPFA II Security and DEPFA IV Security as defined in the relevant limited partnership agreement, and EUR0.584509 (fifty eight point four five zero nine cents) per EUR1 (one euro) of liquidation preference of each DEPFA III Security as defined in the relevant limited partnership agreement.

Tendering holders of preferred securities will be required to vote in favour of certain amendments to the terms and conditions of the Preferred Securities and related guarantees. Pursuant to such amendments, holders of Preferred Securities who do not tender their Preferred Securities to FMS-WM will become subject to a redemption of such Preferred Securities at the option of the respective issuer of the Preferred Securities or of DEPFA as guarantor at a redemption price of EUR0.595 (fifty nine point five cents) per EUR1 of liquidation preference of each DEPFA II Security and DEPFA IV Security as defined in the relevant limited partnership agreement and EUR0.575 (fifty seven point five cents) per EUR1 of liquidation preference of each DEPFA III Security as defined in the relevant limited partnership agreement.

 

FMS-WM has informed DEPFA that acceptance of the tender by FMS-WM will be made subject only to the conditions that in each class of the Preferred Securities valid tenders are received in an amount of not less than 50 per cent. of the nominal amount of Liquidation Preference plus one Preferred Security of each such class and that regulatory approval has been obtained. Otherwise the Tender Offer Memorandum will contain only standard tender conditions.

 

FMS-WM has agreed to pay the Committed Holders a Commitment Fee of EUR22,139,320 in aggregate due on completion of the purchase of Preferred Securities by FMS-WM pursuant to the tender offer.

 

Media Contacts

 

Karen Conway

Investor Relations

Treasury

Tel.: +353 1 792 2009

Karen.Conway@depfa.com

 

Ravi Chauhan

Corporate Development & Communications

Tel.: +44 20 7743 7673

Ravi.chauhan@depfa.com

 

20150114_depfa_preferred_securities_depfa_announcement_final.pdf

[kesox]

Leider verkauft am 02.05.2012 für EUR 21,00.

 

Aktuell steht sie bei 56,00.

[bondholder]

Das Rückkaufangebot ist nun veröffentlicht worden.

(ad-hoc am 20.04.2015)

Die FMS Wertmanagement hat - wie bereits in einer Ad hoc Mitteilung der DEPFA Bank plc vom 14. Januar 2015 angekündigt - ein Erwerbsangebot für bestimmte von der Depfa Bank plc emittierte Wertpapiere abgegeben.

 

http://www.fms-wm.de...tliches-angebot

 

general_se-project_dublin_-_depfa_regulatory_announcement-20apr15.pdf

[bondholder]

Die nicht zum Rückkauf eingereichten Anleihen werden mit Valuta 26. Mai 2015 zurückgezahlt:

 

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DEPFA BANK plc: RE: Results of Tender Offer for Preferred Securities

 

Issued on behalf of the following companies and limited partnership in

respect of their listed securities:

 

DEPFA BANK PLC / DEPFA ACS BANK / DEPFA FUNDING III LP (ISIN: DE000A0E5U85)

 

Dublin, 20 May 2015 - Further to the Ad Hoc Announcements of 14 January

2015 and 20 April 2015, FMS Wertmanagement AöR ("FMS-WM"), the parent

company of DEPFA BANK plc ("DEPFA") has received valid tenders pursuant to

the tender offers (the "Offers") in respect of the following securities:

 

Securities Principal Amount

tendered

 

EUR400,000,000 6.50 per cent. Guaranteed Non-voting EUR361,897,000

Non-cumulative Perpetual Preferred Securities issued in

two tranches of EUR300,000,000 on 30 October 2003 and

EUR100,000,000 on 9 February 2004 by DEPFA

Funding II LP (ISIN: XS0178243332) ("DEPFA Funding II

Securities")

 

EUR300,000,000 Fixed Rate/Variable Rate Guaranteed Non- EUR263,554,000

voting Non- cumulative Perpetual Preferred Securities

issued on 8 June 2005 by DEPFA Funding III LP

(ISIN: DE000A0E5U85) ("DEPFA Funding III Securities")

 

EUR500,000,000 Fixed Rate/Floating Rate Guaranteed Non- EUR499,250,000

voting Non- cumulative Perpetual Preferred Securities

issued on 21 March 2007 by DEPFA Funding IV LP

(ISIN: XS0291655727) ("DEPFA Funding IV Securities")

 

each guaranteed by DEPFA (together, the "Preferred Securities") and each

governed by the terms of a limited partnership agreement.

 

FMS-WM will purchase the validly tendered Securities on 21 May 2015.

 

In conjunction with the Offers, DEPFA, as general partner of DEPFA Funding

II LP, DEPFA Funding III LP and DEPFA Funding IV LP (the "General

Partner"), undertook consent solicitations (the "Consent Solicitations") in

relation to each of the Preferred Securities, details of which were set out

in separate Notices of Meeting dated 20 April 2015. At the meetings of the

holders of each of the Preferred Securities held on 20 May 2015, the

Extraordinary Resolution set out in each Notice of Meeting was duly passed.

Accordingly, the proposals referred to in each Extraordinary Resolution

will be implemented as described below.

 

Pursuant to the Extraordinary Resolutions, the General Partner is permitted

to purchase the Securities at its discretion on the Repurchase Date at the

price of EUR0.595 (fifty nine point five cents) per EUR1 (one Euro) of

Liquidation Preference of each Security in respect of the DEPFA Funding II

Securities and the DEPFA Funding IV Securities, and EUR0.575 (fifty seven

point five cents) per EUR1 (one Euro) of Liquidation Preference of each

Security in respect of the DEPFA Funding III Securities (the "Repurchase

Price"). The General Partner has notified holders of the Securities that

on 26 May 2015, it will purchase at the Repurchase Price all Securities

that were not validly tendered for purchase by FMS-WM pursuant to and under

the terms of the Offers.

 

Securities subject to the purchase on 26 May 2015 will be blocked from 21

May 2015 until the Repurchase Date in the relevant account in the relevant

Clearing System to the order of Lucid Issuer Services Limited, apart from

Securities held through Clearstream, Frankfurt, which will (a) be debited

from the relevant Holder's account held with Clearstream, Frankfurt and

transferred to a suspense account at Clearstream, Frankfurt, and (b) the

relevant Holder's account held with Clearstream, Frankfurt shall be

credited with the Repurchase Price on the Repurchase Date.

 

The table below summarises the amounts payable to the holders of the

Preferred Securities on the relevant dates.

 

Outstanding Amount Purchase Price to be paid

Amount Tendered on 21 May 2015

(Liquidation (Liquidation (payable to tendering

Preference) Preference) holders only)

 

DEPFA Funding II EUR400,000,000 EUR361,897,000 EUR0.604509 per EUR1 of

Securities Liquidation Preference

XS0178243332

 

DEPFA Funding EUR300,000,000 EUR263,554,000 EUR0.584509 per EUR1 of

III Securities Liquidation Preference

DE000A0E5U85

 

DEPFA Funding IV EUR500,000,000 EUR499,250,000 EUR0.604509 per EUR1 of

Securities Liquidation Preference

XS0291655727

 

 

Principal Amount subject to Repurchase Price

Repurchase Price to be paid on 26 May 2015 (payable to holders not participating in the Offer)

 

DEPFA Funding II Securities EUR38,103,000 EUR 0.595 per EUR1 of Liquidation Preference

XS0178243332

 

DEPFA Funding III Securities EUR36,446,000 EUR 0.575 per EUR1 of Liquidation Preference

DE000A0E5U85

 

DEPFA Funding IV Securities EUR750,000 EUR 0.595 per EUR1 of Liquidation Preference

XS0291655727

 

 

Jefferies is the Dealer Manager (the "Dealer Manager") for the Consent

Solicitations. Eligible holders may contact the Dealer Manager at

Jefferies International Limited, attention: European Leveraged Finance

Capital Markets, Email: project.dublin.tenders@jefferies.com, Telephone:

+44 (0)20 7029 8153 (for Non-US holders), or attention: Liability

Management Group, Email: project.dublin.tenders@jefferies.com, Telephone US

Toll Free: (877) 877-0696 or Collect: (212) 284-2435 (for US holders) or

Lucid Issuer Services Limited as tender and tabulation agent (the "Tender

and Tabulation Agent") at Leroy House, 436 Essex Road, London N1 3QP,

United Kingdom, for assistance in answering questions concerning the terms

of the Offers at depfa@lucid-is.com or +44 (0) 20 7704 0880. Questions

relating to the procedures for purchase, including the blocking of

Preferred Securities with Euroclear Bank S.A./N.V., Clearstream Banking,

société anonyme or Clearstream Banking AG, Frankfurt am Main, should be

addressed exclusively to the Tender and Tabulation Agent. All procedures

relating to the Consent Solicitations may be conducted through, and all

information relating to the Consent Solicitations and the Preferred

Securities (including copies of the Tender Offer and Consent Solicitation

Memorandum) may be obtained from the Tender and Tabulation Agent.

 

DEALER MANAGER

Jefferies International Limited

Vintners Place

68 Upper Thames Street

London, EC4V 3BJ

United Kingdom

Attention: European Leveraged Finance Capital Markets

Email: project.dublin.tenders@jefferies.com

Telephone: +44 (0)20 7029 8153 (for Non-US holders)

 

Attention: Liability Management Group

Email: project.dublin.tenders@jefferies.com

Telephone US Toll Free: (877) 877-0696 or Collect: (212) 284-2435 (for US

holders)

 

TENDER AND TABULATION AGENT

Lucid Issuer Services Limited

Leroy House

436 Essex Road

London N1 3QP

depfa@lucid-is.com

+44 (0) 20 7704 0880

 

PRINCIPAL PAYING AND TRANSFER AGENT

for the DEPFA II Securities:

The Bank of New York Mellon

One Canada Square

Canary Wharf

London E14 5AL

United Kingdom

 

for the DEPFA III Securities and the DEPFA IV Securities:

Deutsche Bank AG

Grosse Gallusstraße 10-14

D-60272 Frankfurt am Main

Federal Republic of Germany

 

Media Contacts

DEPFA - Rachel Martin

Phone: +353 1 7922144

Email: rachel.martin@depfa.com

 

FMS-WM - Andreas Henry

Phone: +49 89 954 7627 250

Email: andreas.henry@fms-wm.de

 

OFFER RESTRICTIONS

 

Neither this announcement nor the Offers nor the Consent Solicitations

constitute an invitation to participate in the Offers or the Consent

Solicitations in any jurisdiction in which, or to any person to or from

whom, it is unlawful to make such invitation or for there to be such

participation under applicable securities laws. The distribution of this

announcement and the Offers and Consent Solicitations in certain

jurisdictions may be restricted by law. Persons into whose possession this

announcement or the Offers and Consent Solicitations come are required by

DEPFA, the Offeror, the Dealer Manager and the Tender and Tabulation Agent

to inform themselves about and to observe any such restrictions.

 

General

 

The Dealer Manager and the Tender and Tabulation Agent (and their

respective directors, employees or affiliates) make no representations or

recommendations whatsoever regarding this announcement, the Tender Offer

and Consent Solicitation Memorandum, the Offers or the Consent

Solicitations. The Tender and Tabulation Agent is the agent of the Offeror

and owes no duty to any Holder.

 

Neither this announcement nor the Tender Offer and Consent Solicitation

Memorandum constitutes an offer to buy or the solicitation of an offer to

sell the Preferred Securities (and tenders of each Class of Preferred

Securities in the Offers will not be accepted from Holders) in any

circumstances or jurisdiction in which such offer or solicitation is

unlawful. In those jurisdictions where the securities, blue sky or other

laws require the Offers to be made by a licensed broker or dealer and the

Dealer Manager or any of its respective affiliates is such a licensed

broker or dealer in such jurisdictions, the Offers shall be deemed to be

made by such Dealer Manager or affiliate (as the case may be) on behalf of

the Offeror in such jurisdiction and the Offers are not made in any such

jurisdiction where either the Dealer Manager or any of its affiliates is

not licensed.

 

20.05.2015 The DGAP Distribution Services include Regulatory Announcements,

Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de

 

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Language: English

Company: DEPFA BANK plc

1, Commons Street

Dublin 1

Ireland

Phone: +353 1 792 2222

Fax: +353 1 792 2211

E-mail: info@depfa.com

Internet: www.depfa.com

ISIN: DE000A0AUJ90

WKN: A0AUJ9

Listed: Regulated Market in Frankfurt (General Standard)

 

DGAP News-Service

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