Securitisation

Das Portfolio Analyses Team steht Ihnen für Fragen zu ausstehenden pbb Securitsation Transaktionen gerne zur Verfügung.
Der nebenstehenden Informationen sind nur in englischer Sprache verfügbar.

Main Features of ESTATE UK-3

Initial Principal Balance

GBP 596,127,557

Closing Date

February 28, 2007

Instruments employed

GBP 482,447,557 Credit Default Swap
GBP 113,680,000 Credit Linked Notes (CLNs; 6 Classes)

Issuer and Arranger

Hypo Real Estate Bank International AG

Reference Pool

13 UK Commercial Mortgage Loans 

Reference Pool Quality

110 Commercial properties located in the UK
Maximum principal of a single loan GBP 175,7 m
Secured by first ranking mortgages

Collateral for Noteholders

Collateral for Noteholders All CLNs are secured by Öffentliche Pfandbriefe of Hypo Real Estate Bank International AG, Class A1+ and Class A2 CLNs are additionally secured by Cash Collateral; downgrade provisions are in place

Ratings

All CLNs by Moody's and Standard and Poor's 
Credit Default Swap by Moody's

Listing

All CLNs at the Luxembourg Stock Exchange 

For more information, please visit the rating agency websites:

http://www.moodys.com/
http://www.standardandpoors.com/

Regular Reports
According to Section 14 of the Terms & Conditions, the Issuer provides different kinds of reports. The reports are checked by the Trustee (according to the provisions of the Trust Agreement). The Issuer then supplies reports to the Noteholders.

Direktkontakt

Petra Schwab
Portfolio Analysis

Freisinger Straße 5
85716 Unterschleißheim
Tel +49 89 28 80 0
Fax +49 89 28 80 10 319
Kontakt per E-Mail