REG-Commerzbank AG: Pre-Stabilisation Notice

COMMERZBANK AGAnnouncement

25/06/2024 09:00

June 25, 2024

 

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

 

 

Commerzbank Aktiengesellschaft

EUR Undated Non-cumulative Fixed to Reset AT1 Notes

 

 

Pre-Stabilisation Notice

 

Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +49 69 136-20)
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:                                                                    Commerzbank Aktiengesellschaft                                                                                                             
 Guarantor (if any):                                                        none                                                                                                                                       
 Aggregate nominal amount:                                                  EUR tbd                                                                                                                                    
 Description:                                                               Undated Non-Cumulative Fixed to Reset Additional Tier 1 Notes, which are intended to constitute Additional Tier 1 Instruments of the Bank  
 Offer price:                                                               tbc                                                                                                                                        
 Other offer terms:                                                         perpetual, denoms 200k, payment date July 2, 2024, reset date April 9, 2032                                                                
 Stabilisation:                                                                                                                                                                                                        
 Stabilisation Coordinator: Stabilising Managers:                           Commerzbank AG Banco Santander Barclays BNP Paribas Citigroup Deutsche Bank                                                                
 Stabilisation period expected to start on:                                 June 25, 2024                                                                                                                              
 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

 



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