CZB Commerzbank Ord

 
TIDMCZB 
 
Pre-Stabilisation notice 
 
22nd February 2017 
 
Not for distribution, directly or indirectly, in or into the United States or 
any jurisdiction in which such distribution would be unlawful. 
 
                                Commerzbank AG 
 
                   SGD 10NC5 Tier2 Notes due 1st March 2027 
 
Pre-Stabilisation Notice 
 
Commerzbank AG (contact: Christian Guentzel; telephone: +49 69 13642996) 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:                            Commerzbank AG 
 
Guarantor (if any):                none 
 
Aggregate nominal amount:          SGD 
 
Description:                       Fixed-to-fixed Resettable Notes due 2027 
 
Offer price:                       tbc 
 
Other offer terms:                 callable March 2022, denoms 250k/250k 
 
Stabilisation: 
 
Stabilising Coordinator:           Commerzbank AG 
Stabilising Managers:              HSBC 
                                   OCBC 
                                   UOB 
 
Stabilisation period expected to   22nd February 2017 
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 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:       Luxembourg (Euro-MTF) 
 
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

February 22, 2017 03:18 ET (08:18 GMT)

Commerzbank Ord (LSE:CZB)
Historical Stock Chart
From Mar 2024 to Apr 2024

Commerzbank Ord (LSE:CZB)
Historical Stock Chart
From Apr 2023 to Apr 2024