REG-Commerzbank AG: Pre-Stabilisation Notice

COMMERZBANK AGAnnouncement

03/12/2024 08:45

Pre-Stabilisation Notice

 

December 03, 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

Preferred Senior

EUR 500mil Fixed Rate To Floating Rate Notes due 08 December 2028

Launched pursuant to the Issuer' MTN Programme dated 05 June 2024

 

 

Commerzbank AG (contact: Ian Turner; telephone: +44-207-7475-1817) 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 500mil (No Grow)                                                                                                                  
 Description:                                                               EUR 500mil Fixed Rate to Floating Rate Senior Preferred Notes due 08 December 2028. Callable on 08 December 2027.                     
 Offer price:                                                               Tbc                                                                                                                                   
 Other offer terms:                                                         MTN documentation, Preferred Senior 4NC3. denoms 100k/100k, listing Frankfurt Stock Exchange. Short First Coupon. ISIN: DE000CZ45Y63  
 Stabilisation:                                                                                                                                                                                                   
 Stabilisation Coordinator/Manager:                                         Commerzbank AG                                                                                                                        
 Stabilisation period expected to start on:                                 December 03, 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 Manager may over-allot the securities to the extent permitted in accordance with applicable law.                      
 Stabilisation trading venue:                                               Frankfurt Stock Exchange                                                                                                              

 

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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