Pre-Stabilisation notice
31 January
2019
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.
€ Benchmark
fixed rate Notes due 06 October
2023
€ Benchmark
fixed rate Notes due 06 February
2029
Guaranteed by
Bayerische Motoren Werke Aktiengesellschaft
Issued pursuant to
the Euro Mediem Term Note Programme,
dated 09 May 2018
Commerzbank AG (contact: Ian
Turner; telephone: +44 207 475 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: |
BMW Finance N.V. |
Guarantor (if
any): |
Bayerische Motoren
Werke Aktiengesellschaft |
Aggregate nominal
amount: |
€ benchmark dual
tranche |
Description: |
€
benchmark Long 4 year Fixed rate Notes
€ benchmark 10 year Fixed rate Notes |
Offer price: |
tbc |
Other offer terms: |
launched under €50bn
EMTN programme, denoms 1k/1k, listing Luxembourg, payment date 06
February 2019 |
Stabilisation: |
Stabilisation Coordinator:
Stabilising Managers: |
Barclays
Bank plc
Citigroup Global Markets Limited
Commerzbank AG
Landesbank Baden-Wuerttemberg
Société Générale CIB |
Stabilisation period
expected to start on: |
31 January 2019 |
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: |
Luxembourg |
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