Commerzbank AG Pre-stabilisation Pbb EUR 500mn senior 2022

 
TIDMCZB 
 
Pre-Stabilisation notice 
 
16th January 2018 
 
Not for distribution, directly or indirectly, in or into the United States or 
any jurisdiction in which such distribution would be unlawful. 
 
                         Deutsche Pfandbriefbank - Pbb 
 
                EUR 500,000,000 senior, unsecured Notes due 2022 
 
Pre-Stabilisation Notice 
 
Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: [phone]) 
hereby announces, as Stabilisation Coordinator, that the Stabilising 
Managersnamed 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:                            Deutsche Pfandbriefbank AG 
 
Guarantor (if any):                none 
 
Aggregate nominal amount:          EUR 500,000,000 (no grow) 
 
Description:                       senior, unsecured Notes due 23rd February 
                                   2022 
 
Offer price:                       tbd 
 
Other offer terms:                 payment date 23rd Feb 2018; listing Munich, 
                                   denoms 100k/100k, DIP programme, Rating: 
                                   BBB-/BBB (S&P/DBRS) 
 
Stabilisation: 
 
Stabilisation Coordinator:         Commerzbank AG 
Stabilising Managers:              Bayerische Landesbank 
                                   DZ Bank 
                                   Nomura 
                                   UniCredit 
 
Stabilisation period expected to   16th January 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 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:       Munich 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 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 03:34 ET (08:34 GMT)