...Hannover Funding Company, LLC (Hannover, of the issuer) is a fully supported, multi-seller asset-backed commercial paper (CP) program sponsored and administered by Norddeutsche Landesbank Giorzentrale (NordLB). Hannover is structured to be a bankruptcy-remote, special- purpose, Delaware limited liability company established to issue 3a-7 U.S. dollar-denominated CP with maturities of up to 270 days and euro CP with maturities of up to 183 days. Hannover will use the proceeds to purchase or make loans secured by interests in receivables and similar assets. Hannover is subject to a program limit of $5 billion. Hannover's CP will benefit from full credit and liquidity support through either the liquidity facility agreement (LFA) or liquidity asset purchase agreement (LAPA). The support mechanisms are sized to cover 100% of all CP....
