Helaba Landesbank Hessen-Thu¨Ringen Girozentrale (“Helaba”) in Respect of Non-Equity Securities Within the Meaning of Art
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Prospectus Dated 12 May 2010 This document constitutes two base prospectuses: (i) the base prospectus of Helaba Landesbank Hessen-Thu¨ringen Girozentrale (“Helaba”) in respect of non-equity securities within the meaning of Art. 22 Nr. 6 (4) of the Commission Regulation (EC) no. 809/2004 of 29 April 2004 (“Non-Equity Securities”); and (ii) the base prospectus of Helaba Landesbank Hessen-Thu¨ringen Girozentrale in respect of Pfandbriefe (together, the “Prospectus”) (Helaba is also referred to as the “Issuer”). Helaba Landesbank Hessen-Thu¨ringen Girozentrale (incorporated as a public law institution in the Federal Republic of Germany) Euro 35,000,000,000 Debt Issuance Programme for the issue of the Notes (including Pfandbriefe) (the “Programme” ) In relation to notes issued under this Programme (the “Notes”, which term shall include references to Pfandbriefe where the context so permits), application has been made to the Commission de Surveillance du Secteur Financier (the “CSSF”) of the Grand Duchy of Luxembourg (“Luxembourg”) in its capacity as competent authority (the “Competent Authority”) under the Luxembourg Act on Securities Prospectuses (loi relative aux prospectus pour valeurs mobilières) (the “Luxembourg Act”) for approval of this Prospectus. In order to be able to conduct a public offer and/or listing in relation to certain issues of Notes and/or to list certain Notes on a Regulated Market of a Stock Exchange, the Issuer applied for a notification of the Prospectus pursuant to Article 19 of the Luxembourg Act into the Federal Republic of Germany (“Germany”), the Republic of Austria (“Austria”), the United Kingdom and the Netherlands. The Issuer may request the CSSF to provide competent authorities in additional host Member States within the European Economic Area with a notification. Arranger Citi Dealers Helaba Barclays Capital BofA Merrill Lynch Citi Credit Suisse Deutsche Bank J.P. Morgan Morgan Stanley Société Générale Corporate & Investment Banking The Royal Bank of Scotland UBS Investment Bank This Prospectus and any supplement thereto will be published in electronic form on the website of the Luxembourg Stock Exchange under “www.bourse.lu” and will be available free of charge at the specified offices of the Issuer. This Prospectus replaces and supersedes any previous prospectuses, offering circulars or supplements thereto relating to the Programme. TABLE OF CONTENTS DOCUMENTS INCORPORATED BY REFERENCE .................................... 4 DOCUMENTS ON DISPLAY ....................................................... 5 Documents incorporated by reference .................................................. 5 Prospectus . .................................................................... 5 Final Terms . .................................................................... 5 Other Documents ................................................................. 5 SUMMARY OF THE PROSPECTUS................................................. 6 I. Summary of the Risk Factors .................................................... 6 1. Summary of the Risk Factors regarding Helaba .................................. 6 2. Summary of the Risk Factors regarding the Notes (including Pfandbriefe) ............... 7 II. Summary of the Description of Helaba ............................................. 10 III. Summary of the Notes (including Pfandbriefe) ....................................... 13 GERMAN TRANSLATION OF THE SUMMARY OF THE PROSPECTUS................... 19 I. Zusammenfassung der Risikofaktoren .............................................. 19 1. Zusammenfassung der Risikofaktoren im Zusammenhang mit der Helaba ............... 19 2. Zusammenfassung der Risikofaktoren im Zusammenhang mit den Schuldverschreibungen (einschließlich Pfandbriefe) ................................................. 20 II. Zusammenfassung der Beschreibung der Helaba ...................................... 24 III. Zusammenfassung in Bezug auf die Schuldverschreibungen (einschließlich Pfandbriefe) ......... 27 RISK FACTORS ................................................................. 34 I. Risk Factors regarding Helaba ................................................... 34 II. Risk Factors regarding the Notes (including Pfandbriefe) ................................ 35 RESPONSIBILITY STATEMENT OF LANDESBANK HESSEN-THU¨ RINGEN GIROZENTRALE................................................................ 42 IMPORTANT NOTICE............................................................ 43 GENERAL DESCRIPTION OF THE PROGRAMME.................................... 45 TERMS AND CONDITIONS OF THE NOTES AND RELATED INFORMATION ............. 46 I. General Information applicable to the Notes (including Pfandbriefe) ....................... 47 II. Terms and Conditions of the Notes ................................................ 49 III. Form of Final Terms .......................................................... 97 IV. Information relating to Pfandbriefe ................................................ 123 TAXATION ..................................................................... 127 Germany........................................................................ 127 Luxembourg . .................................................................... 129 SUBSCRIPTION AND SALE ....................................................... 133 United States of America ........................................................... 133 Japan .......................................................................... 134 European Economic Area ........................................................... 134 United Kingdom .................................................................. 134 Republic of Italy .................................................................. 135 General......................................................................... 135 DESCRIPTION OF LANDESBANK HESSEN-THU¨ RINGEN GIROZENTRALE............... 136 Statutory Auditors ................................................................. 136 History and development of Helaba .................................................... 136 Business Overview ................................................................ 137 Organisational Structures............................................................ 137 Trend Information ................................................................. 138 Administrative, Management and Supervisory Bodies ....................................... 138 2 Major Shareholders ................................................................ 141 Information concerning Helaba’s Assets and Liabilities, Financial Position and Profits and Losses ...... 142 Third Party Information and Statement by Expert and Declarations of any interest ................. 142 GENERAL INFORMATION ....................................................... 143 Listing and Admission to Trading ..................................................... 143 Authorisations.................................................................... 143 US Legend . .................................................................... 143 Clearance . .................................................................... 143 Ratings ......................................................................... 143 Notification. .................................................................... 143 Use of Proceeds .................................................................. 143 ADDRESS LIST ................................................................. 144 3 DOCUMENTS INCORPORATED BY REFERENCE The following documents have been filed with the CSSF and shall be incorporated in, and form part of, this Prospectus: Incorporation Page on page of Documents Reference the Prospectus Annual Accounts and Management Report of the Group 2009 Management Report of the Group . 4-47 142 Income Statement for the period from 1 January to 31 December 2009 . 54 142 Statement of recognised income and expense for the period from 1 January to 31 December 2009 . 55 142 Balance Sheet for the period ended December 31, 2009 . 56-57 142 Cash flow statement for the period from 1 January to 31 December 2009. 59-60 142 Notes . 61-162 142 Copy of the Auditor’s Report . 164 142 Annual Accounts and Management Report of Landesbank Hessen-Thu¨ringen Girozentrale 2009 Management Report of Landesbank Hessen-Thu¨ringen Girozentrale. 4-46 142 Balance Sheet of Landesbank Hessen-Thu¨ringen Girozentrale as at December 31, 2009 . 48-51 142 Income Statement of Landesbank Hessen-Thu¨ringen Girozentrale for the period from 1 January to 31 December 2009 . 52-53 142 Notes to the Financial Statements of Landesbank Hessen-Thu¨ringen Girozentrale . 54-82 142 Copy of the Auditor’s Report . 84 142 Annual Accounts and Management Report of the Group 2008 Management Report of the Group . 4-42 142 Consolidated Income Statement for the period from 1 January to 31 December 2008. 48 142 Statement of recognised income and expense for the period from 1 January to 31 December 2008 . 49 142 Balance Sheet for the period ended December 31, 2008 . 50-51 142 Cash flow statement for the period ended 31 December 2008 . 52-53 142 Notes . 54-142 142 Copy of the Auditor’s Report . 144 142 Annual Accounts and Management Report of Landesbank Hessen-Thu¨ringen Girozentrale 2008 Management Report of Landesbank Hessen-Thu¨ringen Girozentrale. 4-41 142 Balance Sheet of Landesbank Hessen-Thu¨ringen Girozentrale as at December 31, 2008 . 44-47 142 Income Statement of Landesbank Hessen-Thu¨ringen Girozentrale