# Commission Decision of 20 December 2011 on the State aid C 40/2009 and C 43/2008 for the restructuring of WestLB AG (notified under document C(2011) 9395) (Only the German text is authentic) (Text with EEA relevance) (2013/245/EU), Article 1

Extent: E+W+S+N.I.

1. The measures which Germany implemented and is planning to implement for WestLB consisting of:
(a)) the 2009 EUR 5 billion risk shield for the Phoenix portfolio;
(b)) the 2010 EUR 3 billion capital injection in the context of the first asset transfer;
(c)) the 2010 first asset transfer to Erste Abwicklungsanstalt with an aid amount of EUR 10,812 billion;
(d)) the 2012 second transfer to Erste Abwicklungsanstalt with an aid amount of EUR [1,3-2,6] billion;
(e)) the 2012 additional capital instrument for SPM bank of EUR 1 billion;
(f)) the 2012 additional loss coverage of EUR [0,5-2,0] billion by Land NRW for SPM bank; and
(g)) the provision of liquidity support by the WestLB AG shareholders in the first half of 2012 […] constitute state aid.
2. The aid referred to in paragraph 1 is compatible with the internal market in the light of the commitments set out in the Annex.

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Source: https://www.legislation.gov.uk/eudn/2013/245/article/1 (the official version)
Page: https://openlegislation.uk/eu-decision-2013-245/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

