REPEAT-FACTBOX-Terms of capital injection for Commerzbank

(repeats to fix story ID link)

Jan 8 (Reuters) - Commerzbank (CBKG.DE) will get a fresh capital injection of 10 billion euros ($13.56 billion) from the German state to help shore up its balance sheet, Germany's second-biggest listed bank said on Thursday. [ID:nL8668329]

Here are the main terms of the transaction, which will give the state a stake of 25 percent plus one share in Germany's second-biggest listed bank as it takes over Dresdner Bank from insurer Allianz (ALVG.DE):

* German financial stabilisation fund Soffin will provide additional equity totalling 10 billion euros by buying an issue of roughly 295 million ordinary shares plus providing a silent participation of approximately 8.2 billion euros. A price of 6 euros per share has been agreed.

* After the transaction, the federal government will hold a stake of 25 percent plus one share in the new Commerzbank. The terms of the silent participation are similar to those offered to Commerzbank in December.

* The government is clarifying all further details with the European Commission.

* Once the Dresdner takeover is complete, Allianz intends to boost Dresdner Bank's capital by 1.45 billion euros by transferring collateralised debt obligations (CDOs) to Allianz with a nominal value of 2 billion euros at a purchase price of 1.1 billion euros. This will let Commerzbank release 700 million euros of capital. Allianz will also subscribe for a silent participation of 750 million euros.

* The measures are subject to the approval by the appropriate boards

(Compiled by Michael Shields, editing by Elaine Hardcastle)