Lan & Spar Bank A/S - EUR 50,000,000 Syndicated Term Loan Facility
HSH Nordbank is a strong commercial bank in its core region of Northern Europe. We are deeply rooted in our home market of Hamburg/Schleswig-Holstein and market leader in the corporate customer segment. To our customers we offer an innovative range of products and services coupled with individual advice in all business areas, including Private Banking.
HSH Nordbank AG ('HSH') is pleased to announce that the EUR 50 Million Syndicated 1-year Loan Facility for Lan & Spar Bank was signed in Frankfurt am Main on 22nd April 2008.
The following banks joined the facility:
Mandated Lead Arranger
HSH Nordbank AG
Arrangers
DZ BANK AG Deutsche Zentral-Genossenschaftsbank
LRP - Landesbank Rheinland Pfalz
Senior Lead Manager
Landwirtschaftliche Rentenbank
Lead Manager
Landesbank Saar
Salzburger Landes Hypothekenbank
The transaction is a single tranche facility paying a margin of 37.5 bps.
With a history that dates back to 1880 Lan & Spar Bank is a mid-sized, full-service Danish retail bank founded in 1880 with a with a clear customer-oriented focus that longer-term would secure the Danish consumers good pricing and proper terms in a bank. This focus has been kept until today where this mission is a core part of the banks strategy and value-composition.
Mandated Lead Arranger
HSH Nordbank AG
Arrangers
DZ BANK AG Deutsche Zentral-Genossenschaftsbank
LRP - Landesbank Rheinland Pfalz
Senior Lead Manager
Landwirtschaftliche Rentenbank
Lead Manager
Landesbank Saar
Salzburger Landes Hypothekenbank
The transaction is a single tranche facility paying a margin of 37.5 bps.
With a history that dates back to 1880 Lan & Spar Bank is a mid-sized, full-service Danish retail bank founded in 1880 with a with a clear customer-oriented focus that longer-term would secure the Danish consumers good pricing and proper terms in a bank. This focus has been kept until today where this mission is a core part of the banks strategy and value-composition.
