HSH Nordbank AG divested its 25% equity holding in Northern Diabolo

Hamburg/Kiel, Germany, 09-10-2013 — /EuropaWire/ — HSH Nordbank has successfully sold its 25% stake in Northern Diabolo. In 2007, the Bank financed the rail track linking Brussels Airport to the Belgian long-distance railway system – and thus one of the country’s most important infrastructure measures – with both loans and equity. The project, which became known under the name “Northern Diabolo”, has an overall volume of around EUR 400 million and was the first Belgian rail project that was financed as a private public partnership. The private partners essentially took responsibility to build and maintain the rail track that links Brussels Airport to the significant Paris-Brussels-Antwerp axis by expanding the underground railway lines. The project was completed within the agreed timeframe last spring and was officially opened under the auspices of the Belgian King in June 2012. The connectivity of the airport has been continuously expanded since then and includes an ICE connection to Germany. HSH’s stake has been purchased by International Public Partnerships Limited (INPP), a listed closed-end investment fund governed by UK law which participates in PPP projects internationally.

“The successful completion of our capital investment is once again an impressive demonstration of the fact that infrastructure projects of this kind are a highly profitable asset class”, said Marcus Kleiner, Head of Origination Infrastructure & Rail at HSH Nordbank. HSH Nordbank was advised by its Corporate Finance unit, which managed the selling process with great diligence and professionalism.

HSH Nordbank AG
Ellen Stoessinger
Spokeswoman
Phone +49 40 3333-11507
Fax +49 40 3333-611507
E-mail ellen.stoessinger@hsh-nordbank.com

HSH Nordbank AG
Rune Hoffmann
Head of
Press and Media Relations
Phone +49 40 3333-11412
Fax +49 40 3333-611412
E-mail rune.hoffmann@hsh-nordbank.com

The information contained in this press release does not constitute an offer for the sale of any type of HSH Nordbank AG securities. Securities of HSH Nordbank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.

This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.

Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.

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