Commerzbank AG Pre Stabilisation - DNB Boligkreditt 5yr EUR CB

 
TIDMCZB 
 
Pre-Stabilisation Notice 
 
16 January 2018 
 
Not for distribution, directly or indirectly, in or into the United States or 
any jurisdiction in which such distribution would be unlawful. 
 
                              DNB Boligkreditt AS 
 
                       EUR Benchmark 5 year Covered Bond 
 
       Launched pursuant to the Issuer's EUR 60bn Covered Bond Programme 
 
       Dated 22 June 2017 supplemented 01 July 2017 and 02 October 2017. 
 
                           Pre-Stabilisation Notice 
 
Commerzbank AG (contact: Ian Turner; telephone: [phone]) 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:                            DNB Boligkreditt AS 
 
Guarantor (if any):                n/a 
 
Aggregate nominal amount:          EUR Benchmark 
 
Description:                       5 year EUR Covered Bond 
 
Offer price:                        n/a 
 
Other offer terms:                 Listing Ireland, Denoms EUR100k+1k 
 
Stabilisation: 
 
Stabilising Manager(s):            Commerzbank Aktiengesellschaft 
 
                                   Deutsche Bank AG, London Branch 
                                   DNB Markets 
                                   Natixis 
                                   Norddeutsche Landesbank Girozentrale 
 
Stabilisation period expected to   16 January 2018 
start on: 
 
Stabilisation period expected to   15 February 2018 (30 days after the 
end on:                            proposed 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:       Irish 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 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 
 

(END) Dow Jones Newswires

January 16, 2018 03:23 ET (08:23 GMT)