Commerzbank AG Pre-stab ESM 0.75% EUR 1.5bn Tap 2027
12 June 2018 - 8:17PM
UK Regulatory
TIDMCZB
Pre-Stabilisation notice
12 June 2018
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
European Stability Mechanism (ESM)
0.75% EUR 1.5bn senior, unsecured Tap due 2027
Stabilisation Notice
Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +49 69 13623492)
hereby announces that the Stabilising Managers named below may stabilise the
offer of the following securities in accordance with Commission Regulation (EC)
No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC).
The security to be stabilised:
Issuer: ESM
Guarantor (if any): none
ISIN EU000A1Z99B9
Aggregate nominal amount: EUR 1.5 billion
Description: Senior, unsecured increase due 15 March
2027
Offer price: tbc
Other offer terms: Coupon 0.75%; denoms EUR 0.01 and multiples
thereof, settlement 19 June 2018, ISIN
EU000A1Z99B9
Stabilisation:
Stabilisation coordinator: Commerzbank AG
Stabilising Managers: BofA Merrill Lynch
HSBC
Stabilisation period commences 12 June 2018
Stabilisation period expected to No later than 30 days after the proposed
end on: issue date of the securities
Existence, maximum size and The Stabilising Managers may over-allot the
conditions of use of securities to the extent permitted in
over-allotment facility. accordance with applicable law.
In connection with the offer of the above securities, the Stabilising Managers
may over-allot the securities or effect transactions with a view to supporting
the market price of the securities at a level higher than that which might
otherwise prevail. However, there is no assurance that the Stabilising Managers
will take any stabilisation action and any stabilisation action, if begun, may
be ended 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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