Citigroup Global Markets Limited Stabilisation Notice (5911L)
September 05 2012 - 9:28AM
UK Regulatory
TIDMSKG
RNS Number : 5911L
Citigroup Global Markets Limited
05 September 2012
5th September 2012
Not for distribution, directly or indirectly, in or into the
United States or any jurisdiction in which such distribution would
be unlawful.
Smurfit Kappa Acquisitions
Stabilisation Notice
Citigroup Global Markets Limited. (contact: Syndicate Desk 0207
986 9000) hereby gives notice that the Stabilising Manager(s) named
below may stabilise the offer of the following securities in
accordance with Commission Regulation (EC) No. 2273/2003
implementing the Market Abuse Directive (2003/6/EC).
The securities:
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Issuer: Smurfit Kappa Acquisitions
-------------------------------- -----------------------------------------------
Guarantor (if any): Smurfit Kappa Corporation Limited
-------------------------------- -----------------------------------------------
Aggregate nominal
amount: EUR200,000,000
-------------------------------- -----------------------------------------------
Description: Senior Secured Notes
-------------------------------- -----------------------------------------------
Offer price: TBC
-------------------------------- -----------------------------------------------
Other offer terms
-------------------------------- -----------------------------------------------
Stabilisation:
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Stabilising Manager(s): Citigroup Global Markets Limited
-------------------------------- -----------------------------------------------
Stabilisation period 5(th) September 2012
expected to start
on:
-------------------------------- -----------------------------------------------
Stabilisation period 5(th) October 2012 (30 days after the proposed
expected to end no issue date of the securities)
later than:
-------------------------------- -----------------------------------------------
Maximum size of over-allotment 5% of the aggregate nominal amount stated
facility: above.
-------------------------------- -----------------------------------------------
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 at a level higher than that which might otherwise
prevail. However, there is no assurance that the Stabilising
Manager(s) will take any stabilisation action and any stabilisation
action, if begun, may be ended at any time.
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 directed only 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, any EEA Member State that has implemented Directive
2003/71/EC (together with any applicable implementing measures in
any Member State, the "Prospectus Directive") before the
publication of a prospectus in relation to the securities which has
been approved by the competent authority in that Member State in
accordance with the Prospectus Directive (or which has been
approved by a competent authority in another Member State and
notified to the competent authority in that Member State in
accordance with the Prospectus Directive), this announcement and
the offer are only addressed to and directed at persons in that
Member State who are qualified investors within the meaning of the
Prospectus Directive (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 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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