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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Commerzbank Ord | LSE:CZB | London | Ordinary Share | DE000CBK1001 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.7025 | 6.60 | 6.805 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Pre-Stabilisation notice
19th April 2017
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
Kreditanstalt fuer Wiederaufbau (KfW)
€ fixed-rate benchmark Global due 2022
Pre-Stabilisation Notice
Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +4969 13623492) 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: | Kreditanstalt fuer Wiederaufbau |
Guarantor (if any): | Federal Republic of Germany |
Aggregate nominal amount: | EUR benchmark |
Description: | 5-year Fixed rate Global benchmark No.III/2017 due 28th April 2022 |
Offer price: | tbc |
Other offer terms: | Rating Aaa/AAA/AAA, payment date 26th April 2017, denoms 1k, stand alone |
Stabilisation: | |
Stabilisation Coordinator: Stabilising Managers: |
Commerzbank AG BNP Paribas Goldman Sachs |
Stabilisation period expected to start on: | 19th April 2017 |
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: | Frankfurt/Main |
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
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