COMMERZBANK AG (London Branch) - Pre Stabilisation Allianz SE EUR 30NC10
PR Newswire
London, September 16
Pre-Stabilisation notice
16 September 2019
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
Allianz SE
EUR Benchmark
Dated Subordinated Fixed to Floating Rate 30NC10
Launch pursuant to the Issuer's Debt Issuance Programme,
dated 30 April 2019.
Commerzbank AG (contact: Ian Turner, telephone: +44 207 475 1817) 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: | Allianz SE |
| Guarantor (if any): | none |
| Aggregate nominal amount: | EUR Benchmark |
| Description: | Dated Subordinated Fixed to Floating Rate due 25 September 2049. Callable from 25 September 2039 |
| Offer price: | tbc |
| Other offer terms: | payment date 25 Sept 2019, issued under the EUR25bn Debt Issuance Programme, denoms 100k/100k, listing Luxembourg |
| Stabilisation: | |
| Stabilisation Coordinator: Stabilising Managers: | Commerzbank AG BNP Paribas Citigroup Global Markets Limited Deutsche Bank AG, London Branch Merrill Lynch International |
| Stabilisation period expected to start on: | 16 September 2019 |
| 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 |
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
