Pre-Stabilisation notice
12 April
2021
Not for distribution, directly or
indirectly, in or into the United
States or any jurisdiction in which such distribution would
be unlawful.
Eurogrid GmbH,
Berlin, Germany
EUR Benchmark
Fixed Rate Notes due 21 April
2033
Issued off Debt Issuance
Programme dated 30 April 2020 and
supplemented on 9 April 2021
Commerzbank AG (contact: Ian
Turner; telephone: +44 207 475 1817) 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: |
Eurogrid GmbH, Berlin,
Germany |
| Guarantor (if
any): |
50Hertz Transmission
GmbH and 50Hertz Offshore GmbH |
| Aggregate nominal
amount: |
EUR Benchmark |
| Description: |
Fixed Rate Notes due 21
April 2033 |
| Offer price: |
tbc |
| Other offer terms: |
payment date 21 April
2021, denoms 100k/100k, listing Luxembourg, 3mth par call, tax
call, MWC. Rated BBB+ by S&P |
|
Stabilisation: |
Stabilisation coordinator:
Stabilising Managers: |
Commerzbank AG
BNP Paribas
ING Bank
NatWest Markets |
| Stabilisation period
expected to start on: |
13 April 2021 |
| Stabilisation period
expected to end on: |
no later than 30 days
after the proposed issue date of the securities |
| Existence, maximum size
and conditions of use of over-allotment facility. |
The Stabilising
Managers may over-allot the securities to the extent permitted in
accordance with applicable law. |
| Stabilisation trading
venue: |
Luxembourg Stock
Exchange, Regulated Market |
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 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