Morgan Stanley & Co. Int'l plc Stabilisation Notice (8926T)

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RNS Number : 8926T

Morgan Stanley & Co. Int'l plc

23 July 2020

Not for di s t r ibut ion, d irec tly or ind irect l y, in or into the Uni ted S tates or any juris d i c tion in w h ich such d i s tribu t ion wou ld be un l a wf u l.

Intrum AB (publ) Stabilisation Notice

Date 23/07/2020

Morgan Stanley & Co. International plc (contact: Martin Luehrs; telephone:

[phone]) hereby gives notice that the Stabilising Manager named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014.

 
 The securi ti e s: 
 I ssuer:                    Intrum AB (publ) 
                            ----------------------------------------------- 
Guarantor (if any):          None 
                            ----------------------------------------------- 
 A gg regate nom inal 
  amoun t:                     EUR 500,000,000 
                            ----------------------------------------------- 
 Descr ipt ion:              Senior unsecured Note due 2025 RegS/144A 
                            ----------------------------------------------- 
 O ffer pr ice:              TBD 
                            ----------------------------------------------- 
 Stabi l i sat ion: 
 Stab i l is ing Manager:    Morgan Stanley & Co. International plc 
                            ----------------------------------------------- 
 Stab i l is a ti on         [24(th) July 2020] 
  pe riod expect ed 
  to s tart on: 
                            ----------------------------------------------- 
 Stab i l is a ti on          [22(nd) September 2020] - 60 da ys af t 
  pe riod expect ed            er the proposed allotment da te of the secur 
  to end no later than:        i t ies 
                            ----------------------------------------------- 
 E x i s tence, max          The St abi li s ing Manager m ay over -all 
  i mum s ize                 ot the secu r i t ies to the 
  and cond i tions of         extent pe r mi tt ed in accordance w ith 
  use of over -all o          appl icab le law. 
  t ment fac i l it y: 
                            ----------------------------------------------- 
 Stabilisation trading       Over the counter (OTC) 
  venue: 
                            ----------------------------------------------- 
 

In connect ion w ith the offer of the above secur i t ies, the Stab i l i s ing Manager m ay o ver -allot the secu r i ti es or effect transact ions w ith a v iew to suppor t ing the m a r ket pr ice of the secur i t ies at a level hi gher than that which m i ght ot her w ise p revai l. However, t here is no a ss u rance that t he Stab i l is ing Manager w ill take any stabi l is a ti on action and any stabi l i sat ion ac tion, if begun, m ay be ended at any ti me. A ny stabi l is a ti on act ion or over -allot ment sha ll be conducted in acco rdance w ith a ll appl i cable laws and r u l es.

T h is announcement is for infor mat ion pu rpo ses only and does not cons t i t u te an inv it a t ion or offer to unde r w rit e, subscribe for or o the r w ise acqui re or di spose of any securi t i es of the I ssuer in any j u ri sdi c t ion.

T h is announcement and t he offer of the securi ti es to which it relat es a re on ly addres sed to and dir ected at per sons out s ide the Uni ted K ingdom and persons in the U n it ed K ingdom who ha ve profes s ional exper ience in matt e rs r e l a ted to inves tments or who are h i gh net worth per sons w ithin ar t icle 12(5) of t he Financ i al Se r v ices and Mar kets Act 2000 ( F inanc ial P romot ion) Or der 2005 and must not be acted on or rel ied on by other per sons in the U n i ted Kingdom.

In addition, if and to the ex tent t hat this announcem ent is communi cated i n, or the offer of the secu r i ti es to which it r e l a t es is made i n, any EEA M e mber State that has i m p lemented D i rect i ve 2003/71 /EC (toget her w i th any applicable i m p lemen t ing measures in any Member S t a t e, the "Prospectus D ir ect i ve") before t he pub li cat ion of a pr o spec tus in r e l a tion to t he s ecur i t ies which has been approved by the competent author i ty in t hat Member St a te in acco rdance w ith t he Prospect us D i rec ti ve (or which has been approved by a compe tent au thor ity in another Member State and not i f ied to the compet ent aut hor i ty in that Mem ber S t a te in acco r dance w ith the Prospect us D ir ect i ve), this announcement and t he offer are only addressed to and di rected at pers ons in that Member S tate who a re qua li f i ed investors w ithin the m eaning of the P rospec tus D i rec ti ve (or who are o ther per sons to whom the offer m ay lawful ly be addres sed) and must not be ac ted on or r e li ed on by other pe rsons in that Mem ber Stat e.

T h is announcement is not an offer of secur i t ies for sale into the U n it ed St a t es. The secu r i t ies have not been, and w ill not be, reg is tered under the Uni ted S tates Secu r i t ies Act of 1933 and m ay not be offered or s o ld in t he Uni ted St a t es absent reg i s t rat ion or an exemption f rom reg is t r a tion. The re w ill be no publ ic offer of secu r i ti es in the Uni ted S t a te.

END.

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July 23, 2020 05:45 ET (09:45 GMT)