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COMMERZBANK AG (London Branch) (CZB)

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Tuesday 05 October, 2021

COMMERZBANK AG (London Branch)

Pre Stabilisation - Sparebanken Vest EUR Green L5yr

Pre-Stabilisation Notice

05 October 2021

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

Sparebanken Vest Boligkreditt

EUR Benchmark Long 5 year Green Covered Bond

Commerzbank AG (contact: Ian Turner; telephone: +44 20774751817) 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: Sparebanken Vest Boligkreditt
Guarantor (if any): none
Aggregate nominal amount: EUR benchmark
Description: Fixed Rate Long 5 year Green Covered Bond
Offer price: tbc
Other offer terms: Launched off the Issuer’s Covered Bond Programme, denoms 100k
Stabilisation Coordinator:
Stabilising Managers:
Commerzbank AG
Barclays Bank plc
DZ Bank
ING Bank
Stabilisation period expected to start on: 05 October 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 as well as the LGX segment of the Luxembourg Stock Exchange.

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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