REG - Morgan StanleyEurope - Stabilisation Notice

BAWAG AGAnnouncement

16/11/2023 10:30

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RNS Number : 6933T  Morgan Stanley Europe SE  16 November 2023

16 November 2023

Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.

BAWAG Group AG

Pre-stabilisation Period Announcement

Morgan Stanley Europe SE (contact: Morgan Stanley Debt Syndicate - Florian
Hessel; telephone: +49 69 2166 1287) 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 and/or the UK FCA Stabilisation Binding Technical Standards.

Securities

 Issuer:                    BAWAG Group AG
 Guarantor(s) (if any):     N/A
 Aggregate nominal amount:  To be confirmed
 Description:               EUR Tier 2 Callable Subordinated Notes
 Offer price:               To be confirmed

 

Stabilisation

 Stabilisation Manager(s):                                                  Morgan Stanley Europe SE

                                                                            Barclays Bank Ireland plc

                                                                            BNP Paribas

                                                                            Goldman Sachs Bank Europe SE

                                                                            Jefferies GMBH

                                                                            UBS Europe SE
 Stabilisation period expected to start on:                                 16 November 2023
 Stabilisation period expected to end no later than:                        22 December 2023
 Existence, maximum size and conditions of use of over-allotment facility:  The Stabilisation Manager(s) may over-allot the securities to the extent
                                                                            permitted in accordance with applicable law
 Stabilisation trading venue(s):                                            Luxembourg Stock Exchange, Regulated Market

 

In connection with the offer of the above securities, the Stabilisation
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 and the offer of the 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.

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 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
Regulation (EU) 2017/1129 (the "EEA Prospectus Regulation") (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 EEA Prospectus
Regulation), 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 EEA 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 Member State.

If and to the extent that this announcement is communicated in, or the offer
of the securities to which it relates is made in, the UK before the
publication of a prospectus in relation to the securities which has been
approved by the competent authority in the UK in accordance with Regulation
(EU) 2017/1129 as it forms part of domestic law by virtue of the European
Union (Withdrawal) Act 2018 (the "UK Prospectus Regulation"), this
announcement and the offer are only addressed to and directed at persons in
the UK who are qualified investors within the meaning of the UK 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 the UK.

This announcement is not an offer of securities for sale into the United
States. The securities referred to above 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.

 

 

 

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