DZ BANK AG
Frankfurt am Main – Pre Stabilisation
RNS Number: residue number system
Frankfurt am Main, 7. April
2021
Not for distribution, directly or
indirectly, in or into the United
States or any jurisdiction in which such distribution would
be unlawful.
Pre-Stabilisation Notice
Kreditanstalt für Wiederaufbau (KfW)
DZ BANK AG (contact: Ralph Ockert; telephone: +49 69 7447 7051)
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: |
KfW |
Guarantor (if any): |
Federal Republic of Germany |
Aggregate nominal amount: |
EUR Benchmark |
Description: |
0.00%, due 15. Juni 2029 |
Offer price: |
101.766% |
Other offer terms: |
Payment 14. April 2021, denoms
1k/1k, soft bullet |
Stabilisation: |
DZ BANK AG |
Stabilisation Coordinator:
Stabilising Managers: |
DZ BANK AG
Danske Bank, NatWest Markets
|
Stabilisation period expected to
start on: |
07.04.2021 |
Stabilisation period expected to end
on: |
no later than 30 days after the
proposed issue date of the securities |
Existence, maximum size and
conditions of use of over-allotment facility. |
The Stabilising Managers may
over-allot the securities to the extent permitted in accordance
with applicable law. |
Stabilisation trading venue: |
Luxembourg Stock Exchange (Regulated
Market) |
In connection with the offer of the above securities, the
Stabilisation Manager(s) may over-allot the securities or effect
transactions with a view to supporting the market price of the
securities at a level higher than that which might otherwise
prevail. However, there is no assurance that the Stabilisation
Manager(s) will take any stabilisation action and any stabilisation
action, if begun, may be ended 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.
In addition, if and to the extent that this announcement is
communicated in, or the offer of the securities to which it relates
is made in, any EEA Member State that has implemented Directive
2003/71/EC, as amended (together with any applicable implementing
measures in any Member State, the "Prospectus Directive") before
the publication of a prospectus in relation to the securities which
has been approved by the competent authority in that Member State
in accordance with the Prospectus Directive (or which has been
approved by a competent authority in another Member State and
notified to the competent authority in that Member State in
accordance with the Prospectus Directive), this announcement and
the offer are only addressed to and directed at persons in that
Member State who are qualified investors within the meaning of the
Prospectus Directive (or who are other persons to whom the offer
may lawfully be addressed) and must not be acted on or relied on by
other persons in that Member State.