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REG - Morgan Stanley & Co. - Stabilisation Notice

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RNS Number : 9303I  Morgan Stanley & Co. Int'l plc  21 April 2022

21 April 2022

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

BLACKSTONE PROPERLY PARTNERS EUROPE HOLDINGS S.à r.l.

Pre-stabilisation Period Announcement

Morgan Stanley & Co. International plc (contact: Morgan Stanley Debt
Syndicate - Daniel Shane - +44 20 7677-7070) 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:                    Blackstone Property Partners Europe Holdings S.à r.l.
 Guarantor(s) (if any):     German Unsecured Topco S.à r.l., Azurite Unsecured Topco S.à r.l., Azurite
                            German Majority Topco S.à r.l., Alpha German Super Topco S.à r.l., Azurite
                            Master Topco S.à r.l., Peninsula Pledgeco B.V., Peninsula Bidco B.V., Gemini
                            Unsecured Topco S.à r.l., Garden Pledgeco S.à r.l., Thesaurus Pledgeco S.à
                            r.l., Rembrandt Topco S.à r.l., Polaris Master Topco S.à r.l., Mountain
                            Holdco II S.à r.l., Light Holdco S.à r.l., Bjorn Topco S.à r.l., Delta
                            Investment Super Topco S.à r.l., Podium Super Topco S.à r.l., Podium Topco
                            Ltd, Astrid (Sweden) Holdco S.à r.l., Bedfont Topco Ltd, Brick Lux Holdco
                            S.à r.l., Alaska Topco Limited, Lahinch Holdco S.à r.l., Defender B Pledgeco
                            S.à r.l., Defender C Pledgeco S.à r.l. Defender REITco Limited, Rialto
                            Holdco S.à r.l., Vantage Bidco S.à r.l., Leaf Living Jersey Midco Limited,
                            Alaska Propco 3 LP, Alaska Propco 4 LP and Alaska Propco 5 LP, and certain
                            other subsidiaries of the Issuer from time to time, subject in each case to
                            modification or release pursuant to the terms and conditions as set forth in
                            the Offering Circular dated 17 September 2021 as supplemented on 8 October
                            2021 and 5 April 2022.
 Aggregate nominal amount:  To be confirmed
 Description:               EUR Fixed Rate Notes due 2029

                            EUR Fixed Rate Notes due 2032
 Offer price:               To be confirmed

 

Stabilisation

 Stabilisation Manager(s):                                                  Morgan Stanley & Co. International plc

                                                                            Banco Santander, S.A.

                                                                            Bank of China Limited

                                                                            BNP Paribas

                                                                            BofA Securities Europe SA

                                                                            RBC Europe Limited
 Stabilisation period expected to start on:                                 The date of this announcement
 Stabilisation period expected to end no later than:                        28 May 2022
 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):                                            The International Stock Exchange

 

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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