Shareholder Grant to HBI Bundesholding AG (HBI-BH)

The shareholder grant to HBI Bundesholding AG (HBI-BH) supports the nationwide public institution in Austria with the provision of capital as required within the framework of the commitment stipulated in the share purchase agreement. The objective of this open-ended funding measure is to provide HBI-BH with equity capital totaling EUR 100 million as well as a subordinated loan of EUR 96 million. This makes a significant contribution to strengthening financial market stability and fulfilling the obligations under the Financial Market Stability Act (Federal Law Gazette I No. 136/2008) and the Term Sheet dated 23.06.2015. The continuous availability of funds ensures sustainable corporate financing and advisory services in the interest of overall economic balance.

Funding is exclusively granted to HBI Bundesholding AG as the recipient, which fully complies with its contractual capital provision obligation through the grant. Applications can be submitted throughout the year, as there is no time limitation on the deadline. The legal basis consists of the share purchase agreement and the provisions of the Financial Market Stability Act. Experts in corporate financing regard this funding as an indispensable instrument that contributes in the long term to stabilizing the banking sector and securing public holdings.