71JY Opmort 27

TIDM71JY

RNS Number : 2872G

Deutsche Bank AG, Frankfurt

14 November 2022

14 November 2022

Not for distribution, directly or indirectly, in or into the United States or

any jurisdiction in which such distribution would be unlawful.

OP Mortgage Bank

(the Issuer)

Pre-stabilisation Period Announcement

Deutsche Bank AG, Frankfurt (contact: Debt Syndicate, Phone Nr. +49 69 910 33797) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may

stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse Regulation (EU/596/2014).

 
 The Securities: 
 
 Issuer:                      OP Mortgage Bank 
 
 Guarantor (if any):          none 
 
 Aggregate nominal amount:    EUR benchmark size - tbc 
 
 Description:                 OP Mortgage Bank EUR benchmark Covered Bond 
                               due 22/06/2026 
 ISIN C ode:                  tbc 
 
 Issue/offer price:           tbc 
 
 
 Stabilisation: 
 
 Stabilising Manager(s):      Credit Agricole CIB 
                               Deutsche Bank 
                               DZ Bank 
                               Nomura 
                               OP Corporate Bank 
 
 Stabilisation period 
  expected to start on:       14/11//2022 
 
 Stabilisation period 
  expected to end no later 
  than:                       14/12/2022 
 
 Existence, maximum size      The Stabilisation Manager(s) may over-allot 
  and conditions of use        the securities in an amount not exceeding 
  of over-                     5% of the aggregate nominal amount stated 
  allotment facility:          above. 
 Stabilisation trading 
  venue(s)                    tbc 
 

In connection with the offer of the above securities, the Stabilisation Manager(s) may over -- allot the securities or effect transactions with a view to supporting the market price of the securities during the stabilisation period at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time. Any stabilisation action or over -- allotment shall be conducted in accordance with all applicable laws and rules.

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within Article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.

In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, the UK or any EEA Member State before the publication of a prospectus in relation to the securities which has been approved by the competent authority in the UK or that Member State in accordance with Regulation (EU) 2017/1129 (the "Prospectus Regulation") (or which has been approved by a competent authority in another Member State and notified to the competent authority in the UK or that Member State in accordance with the Prospectus Regulation), this announcement and the offer are only addressed to and directed at persons in the UK or that Member State who are qualified investors within the meaning of the Prospectus Regulation (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in the UK or that Member State.

This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States.

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END

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November 14, 2022 03:59 ET (08:59 GMT)

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