Commerzbank AG mBank Hipoteczny EUR 300mn covered due 2025

 
TIDMCZB 
 
Pre-Stabilisation notice 
 
19 April 
 
Not for distribution, directly or indirectly, in or into the United States or 
any jurisdiction in which such distribution would be unlawful. 
 
mBank Hipoteczny S.A.EUR 300,000,000 covered bonds due 2025 
 
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:                            mBank Hipoteczny S.A. 
 
Guarantor (if any):                none 
 
Aggregate nominal amount:          EUR 300,000,000.00 
 
Description:                       Fixed rate covered bonds due 2025 
 
Offer price:                       tbc 
 
Other offer terms:                 soft bullet, maturity 5th March 2025, 
                                   settlement 26th April 2018, denoms 100k/ 
                                   100k, listing Luxembourg 
 
Stabilisation: 
 
Stabilisation Coordinator:         Commerzbank AG 
Stabilising Managers:              Erste Group Bank 
                                   JP Morgan 
                                   LBBW 
                                   Société Générale 
 
Stabilisation period expected to   19th April 2018 
start on: 
 
Stabilisation period expected to   not 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:       Luxembourg 
 
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

April 19, 2018 06:39 ET (10:39 GMT)