REG-Commerzbank AG: Pre-Stabilisation notice

COMMERZBANK AGAnnouncement

07/01/2025 08:15

Pre-Stabilisation notice

 

January 7, 2025

 

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

 

 

Commerzbank AG Green NPS 7NC6 Benchmark

 

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 AG                                                                                                     
 Guarantor (if any):                                                        none                                                                                                               
 Aggregate nominal amount:                                                  EUR Benchmark                                                                                                      
 Description:                                                               Non-Preferred Green Senior Notes (eligible liabilities (MREL))                                                     
 Offer price:                                                               tbc                                                                                                                
 Other offer terms:                                                         maturity 14 Jan 2032, reset date/call redemption 14 Jan 2031, denoms 100k/100k, listing Frankfurt                  
 Stabilisation:                                                                                                                                                                                
 Stabilisation Coordinator: Stabilising Managers:                           Commerzbank AG Natixis Santander TD Securities                                                                     
 Stabilisation period expected to start on:                                 January 7, 2025                                                                                                    
 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:                                               Frankfurt 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

 



Copyright (c) 2025 PR Newswire Association,LLC. All Rights Reserved