Tue, Sep 2, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Investment more

Hypo Real Estate says Soffin grants 15 bln euros

Posted on 31 October 2008

From Bloomberg: Hypo Real Estate Holding AG, the lender that received a 50 billion-euro ($64.3 billion) bailout from the German government, said it received an additional 15 billion-euro guarantee to cover short-term cash requirements.

The credit line from Soffin, the Financial Markets Stabilization Fund, is funded by the Bundesbank to cover its short-term funding needs following market turmoil, the Munich- based lender said late yesterday in a statement on the DGAP-Adhoc newswire….. Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930