Commerzbank AG Pre Stabilisation Commerzbank Dual EUR 3yr Fix 2yr Frn
November 27 2018 - 2:18AM
UK Regulatory
TIDMCZB
Pre-Stabilisation notice
27 November 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 senior, preferred fixed rate Notes due 2021
EUR Benchmark senior, preferred Floating rate Notes due 2020
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 Aktiengesellschaft
Guarantor (if any): none
Aggregate nominal amount: EUR benchmark dual tranche
Description: EUR benchmark 2year Floating Rate Note
EUR benchmark 3year Fixed rate
Offer price: tbc
Other offer terms: senior, preferred Notes launched under EUR
40bn MTN programme of Commerzbank AG,
denoms 100k/100k, listing Frankfurt
Stabilisation:
Stabilisation Coordinator: Commerzbank AG
Stabilising Managers: Barclays Bank plc
BayernLB
CACIB
Natixis
Stabilisation period expected to 27 November 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
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