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Commerzbank AG (0CMZ)

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Wednesday 29 August, 2018

Commerzbank AG

Pre Stabilisation mBank EUR500mil 4yr

Pre-Stabilisation notice

August 29 2018

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

mBank SA€500,000,000 Fixed Rate Senior, unsecured due 05 September 2022

Launched pursuant to the Issuer’s MTN Programme

Pre-Stabilisation Notice

Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +49 69 13623492) 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 SA
Guarantor (if any): n/a
Aggregate nominal amount: EUR500,000,000
Description: EUR500mil Fixed Rate Senior unsecured Notes due 05 September 2022
Offer price: tbc
Other offer terms: Fixed coupon, expected ratings: BBB+ (S+P), BBB (Fitch)
Stabilisation Coordinator:
Stabilising Managers:
Commerzbank AG
HSBC Bank plc
J.P. Morgan Securities Limited
Morgan Stanley International
UBS Limited
Stabilisation period expected to start on: 29 August 2018
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 regulated market

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 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.


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