# Commission Decision of 3 September 2013 State aid SA.32554 (09/C) Restructuring aid for Hypo Group Alpe Adria implemented by Austria (notified under document C(2013) 5648) (Only the German text is authentic) (Text with EEA relevance) (2014/341/EU), Division 3.2.2: With the prior agreement of the Commission services, this excludes the calling, repurchasing and other ways of early termination of capital instruments, if:

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

they do not result in a permanent reduction in HGAA’s regulatory capital ratios, and
payments by HGAA to creditors in connection with the early termination (e.g. repurchase price, indemnity) do not exceed the market value of the instruments at the time of termination, if necessary plus:
a premium of not more than 10 % of the market value, and/or
a payment no more than the discounted cash value of the interest due on the instrument until its original maturity date.

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Source: https://www.legislation.gov.uk/eudn/2014/341/annex/division/n2/division/III/division/3/division/3.2/division/3.2.2 (the official version)
Page: https://openlegislation.uk/eu-decision-2014-341/annex/division-n2/division-III/division-3/division-3.2/division-3.2.2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.