Commerzbank AG Pre-stabilisation KfW 0625% EUR 1bn Tap 2022

 
TIDMCZB 
 
Pre-Stabilisation notice 
 
22 November 2018 
 
Not for distribution, directly or indirectly, in or into the United States or 
any jurisdiction in which such distribution would be unlawful. 
 
                        Kreditanstalt für Wiederaufbau 
 
   EUR 1 billion increase to outstanding EUR 4.5 bn 0.625% due 04 July 2022 
 
Pre-Stabilisation Notice 
 
Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: [phone]) 
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 für Wiederaufbau 
 
Guarantor (if any):                Federal Republic of Germany 
 
Aggregate nominal amount:          EUR 1,000,000,000 
 
Description:                       EUR 1bn increase to 0.625% Global SEC 
                                   Registered Notes due 04 July 2022 
 
Offer price:                       tbc 
 
Other offer terms:                 Listing Frankfurt, Denoms EUR1k, Payment 
                                   date 29 November 2018 
 
Stabilisation: 
 
Stabilisation Coordinator:         Commerzbank AG 
Stabilising Managers:              Bank of America Merrill Lynch 
                                   Barclays Bank plc 
 
Stabilisation period expected to   22nd November 2018 
start on: 
 
Stabilisation period expected to   no later than 30 days after the proposed 
end on:                            issue 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/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 
 

(END) Dow Jones Newswires

November 22, 2018 03:59 ET (08:59 GMT)