REG-Commerzbank AG: Pre-Stabilisation Notice

COMMERZBANK AGAnnouncement

25/02/2025 08:15

Pre-Stabilisation Notice

 

February 25, 2025

 

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 500mil 3NC2 Preferred Senior Floating Rate Notes

Launched pursuant to the Issuer's MTN 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:                                                                    Commerzbank Aktiengesellschaft                                                                                                
 Guarantor (if any):                                                        none                                                                                                                          
 Aggregate nominal amount:                                                  EUR 500mil                                                                                                                    
 Description:                                                               EUR 500mil Preferred Senior Floating Rate Notes (eligible liabilities (MREL)) due 03 March 2028. Callable from 03 March 2027  
 Offer price:                                                               tbc                                                                                                                           
 Other offer terms:                                                         MTN, denoms 100k/100k, short first coupon to 03 June 2025. Isin: DE000CZ45ZM5                                                 
 Stabilisation:                                                                                                                                                                                           
 Stabilising Manager:                                                       Commerzbank AG                                                                                                                
 Stabilisation period expected to start on:                                 February 25, 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 Manager 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

 



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