Commerzbank AG Pre-stabilisation Commerzbank EUR HyPfe August 2022
September 24 2018 - 2:21AM
UK Regulatory
TIDMCZB
Pre-Stabilisation notice
24th September 2018
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
Commerzbank AG
EUR benchmark Mortgage Pfandbrief due 2022
Pre-Stabilisation Notice
Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +49 69 13623492)
hereby announces, as Stabilisation Coordinator, that the Stabilising Managers
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 Regulation 596/2014).
The security to be stabilised:
Issuer: Commerzbank AG
Guarantor (if any): none
Aggregate nominal amount: benchmark, tbc
Description: Fixed rate EUR Mortgage Covered Bond due
2022, first short coupon, issued under the
issuer's EMTN Programme
Offer price: tbc
Other offer terms: maturity 1st August 2022, listing
Frankfurt, denoms 1k/1k
Stabilisation:
Stabilisation Coordinator: Commerzbank AG
Stabilising Managers: Credit Suisse
Mediobanca
Natixis
Unicredit
Stabilisation period expected to 24th September 2018
start on:
Stabilisation period expected to no later than 30 days after the proposed
end on: issue date of the securities
Existence, maximum size and The Stabilising Managers may over-allot the
conditions of use of securities to the extent permitted in
over-allotment facility. accordance with applicable law.
Stabilisation trading venue: Frankfurt/Main
In connection with the offer of the above securities, the Stabilising 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 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 is not for distribution, directly or indirectly, in or into
the United States or any other jurisdiction in which such distribution would be
unlawful.
END
END
(END) Dow Jones Newswires
September 24, 2018 03:21 ET (07:21 GMT)
Commerzbank Ord (LSE:CZB)
Historical Stock Chart
From Apr 2024 to May 2024
Commerzbank Ord (LSE:CZB)
Historical Stock Chart
From May 2023 to May 2024