REG - Erste Group Bank AG - Pre-Stabilisation Notice

Erste Bank AGAnnouncement

07/07/2020 11:35

RNS Number : 2650S
  
Erste Group Bank AG
  
07 July 2020
  
 

 
July 7th, 2020
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful
Erste Group Bank AG
Pre-stabilisation Notice
 
Erste Group Bank AG] (contact: guenther.hechenberger@erstegroup.com ; phone +43 50100 84054) hereby gives notice, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse Regulation (Regulation (EU) No  596/2014).
 
The securities:



Issuer:


Republic of Romania




Guarantor (if any):


n.a.




Aggregate nominal amount:


TBC




Description:


Long 10yr & long 30yr RegS Cat 1/Rule 144A




Issue/reoffer price:


TBC




Other offer terms:


TBC



 
Stabilisation:



Stabilising Manager(s):


Citigroup Global Markets Limited, Erste Group Bank Ag, HSBC Bank plc, J.P: Morgan Securities plc, ING Bank N:V: and Raiffeisen Bank International AG




Stabilisation period expected to start on:


7th of July 2020




Stabilisation period expected to end no later than:


30 days after the proposed issue date of the securities




Existence, maximum size and conditions of use of over-allotment: 
 


The Stabilisation Manager(s) may over-allot the securities to the extent permitted in accordance with applicable law




Stabilisation trading venue:


TBC



 
In connection with the offer of the above securities, the Stabilisation 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.
 
In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State pursuant to Regulation (EU) 2017/1129 (as may be amended and together with any applicable implementing measures, the "Prospectus Regulation") before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Regulation (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Regulation), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Regulation (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State.
 
This announcement is not an offer of securities for sale into the United States. The securities
have not been, and will not be, registered under the United States Securities Act of 1933 and
may not be offered or sold in the United States absent registration or an exemption from
registration. There will be no public offer of securities in the United States.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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