Commerzbank AG Pre Stabilisation BMW Finance Dual EUR
27 March 2017 - 6:15PM
UK Regulatory
TIDMCZB
Pre-Stabilisation notice
27th March 2017
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
BMW Finance N.V.
EUR Benchmark Fixed Rate Notes due July 2020
&
EUR Benchmark Fixed Rate Notes due April 2025
Guaranteed by BMW AG
Issued off the EMTN Programme, dated 11 May 2016
Pre-Stabilisation Notice
Commerzbank AG (contact: Ian Turner; telephone: (44-207475-1817) hereby
announces, as Stabilisation Coordinator, that the Stabilising 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 (EU Regulation 596/2014).
The security to be stabilised:
Issuer: BMW Finance N.V.
Guarantor (if any): BMW AG
Aggregate nominal amount: Dual EUR Benchmark Long 3 year and 8 year
Description: EUR Benchmark 3.25yr & 8yr Fixed Rate Notes
due 2024
ISIN: tbc
Offer price: [n/a]
Other offer terms: Denoms: EUR 1k+1k, Listing Luxembourg.
Payment date 03 April 2017
Stabilisation:
Stabilising Manager(s): Commerzbank Aktiengesellschaft (CSM)
Stabilsation Managers:
Credit Agricole Corporate & Investment Bank
Goldman Sachs International
LBBW
Santander
Stabilisation period expected to 27th March 2017
start on:
Stabilisation period expected to 26th April 2017 (30 days after the proposed
end on: issue date of the securities)
Existence, maximum size and The Stabilising Manager(s) may over-allot
conditions of use of the securities to the extent permitted in
over-allotment facility. accordance with applicable law.
Stabilisation trading venue: Luxembourg 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 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
END
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