REG - Morgan Stanley & Co. - Stabilisation Notice

ABN Amro Bank NVAnnouncement

08/06/2020 10:51

RNS Number : 2544P
  
Morgan Stanley & Co. Int'l plc
  
08 June 2020
  
 

8 June 2020
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
ABN AMRO Bank N.V. 
Stabilisation Notice
Morgan Stanley & Co. International plc (contact: Morgan Stanley Debt Syndicate - Matteo Benedetto; telephone: +442076773409) hereby gives notice, as Coordinating Stabilisation Manager, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014.
 



Securities




Issuer:


ABN AMRO Bank N.V.




Guarantor (if any):


N/A




Aggregate nominal amount:


TBD




Description:


€[•] Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Callable Capital Securities (the "Capital Securities")




Offer price:


TBD




Stabilisation




Stabilisation Manager(s):


Morgan Stanley & Co. International plc
ABN AMRO Bank N.V.
Credit Suisse Securities (Europe) Limited
Goldman Sachs International
HSBC Bank plc




Stabilisation period expected to start on:


8 June 2020




Stabilisation period expected to end no later than:


15 July 2020




Existence, maximum size and conditions of use of over-allotment facility:


The Stabilisation Manager(s) may over-allot the Capital Securities to the extent permitted in accordance with applicable laws and rules.




Stabilisation trading venue:


Irish Stock Exchange plc, Euronext Dublin



 
In connection with the offer of the above securities, the Stabilisation Manager(s) may over-allot the Capital Securities or effect transactions with a view to supporting the market price of the Capital 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 Capital 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 Capital Securities to which it relates is made in, any EEA Member State  or the United Kingdom (each, for the purposes of this provision, a "Relevant State") before the publication of a prospectus in relation to the Capital Securities which has been approved by the competent authority in that Relevant State in accordance with Regulation (EU) 2017/1129 (the "Prospectus Regulation") (or which has been approved by a competent authority in another Relevant State and notified to the competent authority in that Relevant State in accordance with the Prospectus Regulation), this announcement and the offer are only addressed to and directed at persons in that Relevant 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 that Relevant State.
This announcement is not an offer of securities for sale into the United States. The Capital 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 Capital Securities in the United States.
END.
 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
STAFPMPTMTIMMFM