19 November 2021

FMS Wertmanagement and Austria’s BAWAG Group closed the sale of Ireland’s DEPFA BANK plc.

15 February 2021

FMS Wertmanagement announced that it is selling its 100-percent investment in Ireland’s DEPFA BANK plc to Austria’s BAWAG P.S.K. AG.

 14 July 2020

FMS Wertmanagement intends to sell 100% of the shares in DEPFA BANK plc in an open, transparent, competitive and non-discriminatory auction sale process.

18 November 2019

In winding up the DEPFA Group, Hybrid capital bonds as a value lever fully utilised.

1 July 2019

As already announced in May, Christoph Müller assumes the role of Spokesman and CEO of FMS Wertmanagement.

7 June 2019

FMS Wertmanagement sells repurchased DEPFA liabilities to DEPFA and in return acquires assets from DEPFA´s cover pools.

15 November 2018

FMS-WM is able to sell the first of the three hybrid capital bonds with a nominal value of around EUR 500 million to the DEPFA Group.

31 December 2017

The cumulative wind-up of the portfolio surpassed the EUR 100 billion mark.

6 November 2017

FMS Wertmanagement again sells repurchased DEPFA liabilities to DEPFA and in return acquires assets from DEPFA´s cover pools.

4 November 2016

FMS Wertmanagement sells repurchased DEPFA liabilities to DEPFA and in return acquires assets from DEPFA´s cover pools.

30 June 2016

The nominal volume of the portfolio was reduced to EUR 87 billion, which brings it to less than 50 percent of the transferred value for the first time.

19 January 2016

FMS Wertmanagement launches another public tender offer to buy securities issued by DEPFA.

1 October 2015

As already announced in April, Stephan Winkelmeier takes over as Spokesman of the Executive Board and Chief Risk & Financial Officer of FMS Wertmanagement.

27 May 2015

In a joint transaction with DEPFA BANK plc in Dublin, FMS Wertmanagement successfully completes the tender offer and purchase of three bonds with an aggregate nominal value of EUR 1.2 billion for a total consideration of EUR 741 million.

6 May 2015

FMS Wertmanagement ends the privatisation process for selling its wholly owned subsidiary, FMS Wertmanagement Service GmbH (FMS-SG).

20 April 2015

FMS Wertmanagement launches a public tender offer to buy certain securities issued by DEPFA.

19 December 2014

FMS Wertmanagement takes over DEPFA BANK plc in Dublin and its subsidiaries from Hypo Real Estate Holding AG (HRE).

19 April 2014

The tender for the privatisation of shares of FMS Wertmanagement Service GmbH starts officially.

1 October 2013

FMS Wertmanagement Service GmbH adopts the servicing of the portfolio of FMS Wertmanagement from pbb Deutsche Pfandbriefbank, supported by an IT-partner and further servicing companies.

10 May 2012

FMS Wertmanagement establishes a service entity as a wholly owned subsidiary that, no later than September 2013, when the cooperation agreement with the HRE Group on the servicing of the portfolio in accordance with EU requirements has  to be terminated, will take over most of these functions.

8 March 2012

FMS Wertmanagement announces its intention to participate in the exchange of Greek government bonds and loans with a nominal value of EUR 8.2 billion.

21 January 2010

The HRE Group applies for establishment of a winding-up institution.

13 October 2009

SoFFin acquires full control of the HRE Group.

17 October 2008

The Parliament of the Federal Republic of Germany moves to establish SoFFin based on the FMStFG.

Autum 2008

The HRE Group encounters such serious financial difficulties that it faces going-concern risiks.