EFTA Document EFTA01386291

Daimler, Porsche, IBM, E&Y, HP, Celesio and numerous Mittelstand (German mid cap) companies. The space for expanding the city is relatively limited due to topographic and environmental factors and there are very few large areas which can be developed. The former headquarter of IBM (Campus Garden, designed by the famous architect Egon Eiermann) is an extensive building complex, which is partly protected by monumental protection and located appr. 3 km east of the city center of Stuttgart-Vaihingen. The property with its area of appr. 194,000sqm is one of the few available opportunities for expansion of the city and the region of Stuttgart. The land plot is designated as residential area for appr. 3,500 residents, comprising of 60% rental apartments, 14% condominiums and 26% commercial use. SSN Group is a well-known project developer in Germany. Details of the financing: Product: Rate of Interest: Senior: [3.00]% p.a., Junior: [9.00]% p.a. 2,00% in year 4) Aggregate Nominal Amount: Maturity: Repayment payments until the end of year 3 Paying Agent: Trustee: Facility Agent/ Account Agent: Market Value: LTV Senior (market value): LTV Junior (market value): Real estate secured loan agreement or bond instrument Payable quarterly (Step-up of the Interest Rate of 0,50% (Senior) or Senior up to EUR 75mn / Junior up to EUR 45mn 4 years (3 years initial loan term) On each interest payment date at a price equal to the sum of all interest Deutsche Bank Wilmington Trust Solutus EUR 177.8mn (JLL) 42.18% 67.49% The transaction shall close in November 2017. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0087916 CONFIDENTIAL SDNY_GM_00234100 EFTA01386291