Information  X 
Enter a valid email address
  Print          More announcements

Wednesday 18 May, 2022

Deutsche Bank AG FF

Pre-Stabilisation Notice

RNS Number : 9145L
Deutsche Bank AG, Frankfurt
18 May 2022
 

18. May 2022

 

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

 

 

Hamburg Commercial Bank AG (HCOB)

(the Issuer)

 

 

Pre-stabilisation Period Announcement

 

Deutsche Bank AG, Frankfurt (contact: Debt Syndicate, Phone Nr. +49 69 910 33797) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) 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/596/2014) and the UK FCA Stabilisation Binding Technical Standards.

 

 

Securities:




Issuer:

Hamburg Commercial Bank AG (HCOB)

 


Guarantor (if any):

none

 


Aggregate nominal amount:

EUR 500,000,000

 


Description:

HCOB EUR 500M 3yr fixed rate Ship Covered Bond (Ship Pfandbriefe) due 27 May 2025

 

ISIN C ode:

DE000HCB0BL1

 

 

Issue/offer price:

tbc

 

 

Spread over benchmark:

tbc

 

 

 

 

Stabilisation:

 

 

 

Stabilising Manager(s):

Barclays

Commerzbank

Danske Bank

Deutsche Bank

J.P. Morgan

 

 

Stabilisation period

expected to start on:

18/05/2022

 


Stabilisation period

expected to end no later than:

17/06/2022



Existence, maximum size and conditions of use of over-
allotment facility:

The Stabilisation Manager(s) may over-allot the securities in an amount not exceeding 5% of the aggregate nominal amount stated above.

 

Stabilisation trading venue(s)

tbc

 

 

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 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 and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within Article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.

 

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 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 Regulation (EU) 2017/1129 (the "Prospectus Regulation") (or which has been approved by a competent authority in another Member State and notified to the competent authority that Member State in accordance with the Prospectus Regulation), 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 Regulation (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.

 

If and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, the UK before the publication of a prospectus in relation to the securities which has been approved by the competent authority in the UK in accordance with Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the "UK Prospectus Regulation"), this announcement and the offer are only addressed to and directed at persons in the UK who are qualified investors within the meaning of the UK Prospectus Regulation (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 the UK.

 

This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
STASFWSMAEESEII

a d v e r t i s e m e n t