Commerzbank Hdgs Statement re Repurchase and Cancellation of FRNs

 
TIDM97HF 
 
COMPANY ANNOUNCEMENT 
 
For Immediate Release                                 7th December 2020 
 
                   COMMERZBANK HOLDINGS (UK) LIMITED 
 
                  30 Gresham Street, London, EC2V 7PG 
 
                       RE: CANCELLATION NOTICE 
 
COMMERZBANK HOLDINGS (UK) LIMITED 
 
30 Gresham Street, London, EC2V 7PG 
 
U.S.$225,000,000 Primary Capital Undated Floating Rate Notes 
 
- ISIN: GB0004955547 - 
 
On 05 June 2020 Commerzbank Aktiengesellschaft ("Commerzbank") acquired by way 
of a reverse enquiry transaction U.S.$15,080,000 of the U.S.$225,000,000 
Primary Capital Undated Floating Rate Notes (the "Notes") issued by Commerzbank 
Holdings (UK) Limited (the "Issuer"). 
 
The Issuer wishes to announce that on 25th November 2020 the Issuer entered 
into a cancellation agreement (the "Cancellation Agreement") between the 
Issuer, Commerzbank and Bank of New York Mellon, acting through its London 
Branch as principal paying agent in respect of the Notes (the "Principal Paying 
Agent"). Pursuant to the Cancellation Agreement all U.S.$ 15,080,000 of the 
Notes held by Commerzbank were purchased by us, the Issuer, and cancelled in 
accordance with their terms on 30th November 2020. 
 
Enquiries: 
 
Commerzbank Holdings (UK) Limited                     Company Secretary 
                                                   Phone: [phone] 
 
 
 
END 
 

(END) Dow Jones Newswires

December 07, 2020 06:52 ET (11:52 GMT)