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
  +0.0545 € +0.57% 9.5705 € 9.425 € 9.716 € - - - 965,665 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks - - - - 6,289.56

Commerzbank AG Pre-stabilisation Commerzbank EUR 500mn HyPfe 2025

18/05/2018 8:27am

UK Regulatory (RNS & others)


 
TIDMCZB 
 
Pre-Stabilisation Notice 
 
18th May 2018 
 
Not for distribution, directly or indirectly, in or into the United States or 
any jurisdiction in which such distribution would be unlawful. 
 
Commerzbank Aktiengesellschaft 
 
EUR 500,000,000 Fixed Rate Mortgage Covered Bond due 2025 
 
Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +49 69 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:                         Commerzbank AG 
 
Guarantor (if any):             none 
 
Aggregate nominal amount:       EUR 500,000,000 
 
Description:                    Fixed Rate Hypothekenpfandbrief due 28th May 
                                2025 
 
Offer price:                    tbc 
 
Other offer terms:              expected rating: AaaMoody's, listing 
                                Frankfurt, settlement 28 May 2018 
 
Stabilisation: 
 
Stabilisation Coordinator:      Commerzbank AG 
Stabilising Managers:           ABN AMRO 
                                DZ Bank 
                                Banco Santander 
                                Société Générale 
 
Stabilisation period expected   18 May 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:    Frankfurt regulated market 
 
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

May 18, 2018 03:27 ET (07:27 GMT)

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