REG-Commerzbank AG (London Branch): Pre Stabilisation - VW Bank 3 Tranche EUR

COMMERZBANK AGAnnouncement

Yesterday 08:00

Pre Stabilisation - VW Bank 3 Tranche EUR 

Pre-Stabilisation Notice

 

19 May 2026

 

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

 

 

Volkswagen Bank Gesellschaft mit beschränkter Haftung

 · % EUR  ·  million Senior Non-Preferred Green Notes due  26  November 2028

 · % EUR  ·  million Senior Non-Preferred Green Notes due  26  November 2030

 · % EUR  ·  million Senior Non-Preferred Green Notes due  26  November 2033

Launched pursuant to the Issuer's Debt Issuance Programme

 

 

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:                                                                    Volkswagen Bank GmbH                                                                                                                                                                                    
 Guarantor (if any):                                                        none                                                                                                                                                                                                    
 Aggregate nominal amount:                                                  2.5yr EUR Benchmark  4.5yr EUR Benchmark  9.5yr EUR Benchmark                                                                                                                                           
 Description:                                                               2.5yr EUR Green Senior, Non-Preferred Notes due 26 November 2028 / 4.5yr EUR Green Senior, Non-Preferred Notes due 26 November 2030 / 9.5yr EUR Green Senior, Non-Preferred Notes due 26 November 2033  
 Offer price:                                                               tbc                                                                                                                                                                                                     
 Other offer terms:                                                         DIP Programme, denoms 100k/100k, Luxembourg Stock Exchange. Payment date 26 May 2026                                                                                                                    
 Stabilisation:                                                                                                                                                                                                                                                                     
 Stabilisation Coordinator:  Stabilising Managers:                          Commerzbank AG  BBVA  BNP Paribas SA  Citigroup   SMBC Nikko                                                                                                                                            
 Stabilisation period expected to start on:                                 19 May 2026                                                                                                                                                                                             
 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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