According to KSV1870, 10 to 20 percent of the more than 15 billion euros that were registered as claims would come from Austria. The RBI would have to cover the lion’s share of a good 430 million euros, according to “Ö1”.
Bank Austria is also on the list; according to calculations by “Ö1”, a total of 650 million euros would be incurred by the domestic credit institutions. Wifo banking expert Thomas Url said on the radio on Thursday morning that there is no threat to domestic banks because they are very well secured in the land register and are treated with priority – i.e. before other creditors. The situation is different for insurance companies that have underwritten bonds – although the volumes here are so small that he fears no impact on the industry.
Prominent names
There are also prominent names on the list of creditors, such as ex-Chancellor Alfred Gusenbauer with a claim of 130,000 euros and former German Foreign Minister Joschka Fischer with 90,000 euros. Half of the 15 billion claims of all creditors were recognized in court.
KSV expert Karl-Heinz Götze said today that high claims would come from creditors from Thailand, the United Arab Emirates, Germany, Switzerland, Italy and Luxembourg as well as Iceland. The creditor structure mainly consists of banks, insurance companies, funds and guarantees for Signa projects and various smaller claims.
After Klaus-Michael Kühne fell out of the list of lenders, a British-American lender came into play who was prepared to provide a loan of around 100 million euros for four years (plus one year optionally) – for allegedly 15 to 20 percent interest. In any case, the dismantling of the Signa Group has now become visible to the outside world: the construction crane, which had been idle for months on the Lamarr construction site on Vienna’s Mariahilfer Strasse, was removed on Tuesday.
There is a lot of speculation about how much the fillets from the Signa empire are worth. Ultimately, the future intended use also determines the proceeds. Last Friday, Spar boss Hans K. Reisch said that the property was now conditionally suitable for his company – although it was interested in it before the sale to Benko – in the shell construction stage. “The value of this property is the price of the property minus the demolition,” said the head of the Salzburg trading group.
