State Owners Sell Germany’s HSH Nordbank, Once the World’s Largest Shipping Bank, to Buyout Groups
By Arno Schuetze and Jan Schwartz HAMBURG, Feb 28 (Reuters) – A consortium of buyout groups will pay around a billion euros for Germany’s HSH
By Arno Schuetze and Jan Schwartz HAMBURG, Feb 28 (Reuters) – A consortium of buyout groups will pay around a billion euros for Germany’s HSH
FRANKFURT, Oct 29 (Reuters) – The owners of Germany’s HSH Nordbank received binding offers from private equity groups Apollo, Cerberus and J.C.
(Bloomberg) HSH Nordbank AG will stick to its full-year outlook when it reports nine-months results next week, a crucial yardstick for potential investors as
German state-controlled lender NordLB has agreed to take full control of its loss-making Bremer Landesbank (BLB) unit, which is suffering from a weak shipping
HSH Nordbank AG, the German lender suffering from bad shipping loans, said it’s seeking to cut “substantial legacy assets” to help return to a healthy
HSH, one of the world's biggest players in ship finance, risked collapse in the crisis, and its state owners stepped in to offer 10 billion euros in guarantees
FRANKFURT, April 1 (Reuters) – Ailing German public-sector lender HSH has cut its exposure to bad shipping loans by striking a debt restructuring deal
Troubled German public-sector bank HSH Nordbank will likely need more state aid than previously thought due to deep losses in shipping lending and back taxes,
BERLIN, Feb 14 (Reuters) – German public-sector lender NordLB is not planning a merger with peer HSH Nordbank, its Chief Executive said in reaction to
By Arno Schuetze and Andreas Kröner FRANKFURT, Jan 30 (Reuters) – As the European Central Bank prepares to test the resilience of the region’s
Navios Europe Inc. announced today they have acquired ten vessels from debtors of HSH Nordbank AG including five product tankers and five Panamax and
HSH Nordbank AG, the world’s largest shipping lender, said new loans to businesses surged about 30 percent this year, after Moody’s Investors
Germany’s top shipping lenders, including Commerzbank AG and HSH Nordbank AG, face rising credit default risks next year as banks come under increasing
Sept. 23 (Bloomberg) — Shipping lenders are tightening rules on who their clients can trade with after the industry’s worst rout in at least 23
Navios Maritime Holdings Inc. and Navios Maritime Acquisition Corporation Through a New Joint Venture Agree to Acquire a Ten-Vessel Fleet From Debtors of HSH
(Bloomberg) — Deutsche Bank AG and two other German lenders providing about 14 percent of credit to ship owners are forgoing seizing vessels even after
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