Commerzbank AG Pre Stabilisation SpareBank 1 Boligkreditt 5yr

 
TIDMCZB 
 
Pre-Stabilisation Notice 
 
11 June, 2018 
 
Not for distribution, directly or indirectly, in or into the United States or 
any jurisdiction in which such distribution would be unlawful. 
 
                          SpareBank 1 Boligkreditt AS 
 
                    EUR Norwegian Covered Bonds due June 2023 
 
Commerzbank AG (contact: Ian Turner; telephone: ++44 207 4751817) 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:                         SpareBank 1 Boligkreditt AS 
 
Guarantor (if any):             n/a 
 
Aggregate nominal amount:       EUR Benchmark 
 
Description:                    EUR Benchmark Norwegian Covered Bond due 2023 
 
Offer price:                    tbc 
 
Other offer terms:              Fixed coupon, expected ratings: Aaa, Denoms EUR 
                                100k+1k 
 
Stabilisation: 
 
Stabilisation Coordinator:      Commerzbank AG 
Stabilising Managers:           BNP Paribas 
                                Danske Bank 
                                UniCredit Bank AG 
 
Stabilisation period expected   11 June 2018 
to start on: 
 
Stabilisation period expected   no later than 30 days after the proposed issue 
to end on:                      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. 
 
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 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

June 11, 2018 03:31 ET (07:31 GMT)