COMMERZBANK AG - Pre Stabilisation - Hamburger Hochbahn EUR 500mil 10yr
PR Newswire
London, February 17
Pre-Stabilisation notice
17thFebruary 2021
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
Hamburger Hochbahn AG
EUR 500 million Green Senior Unsecured Eurobond due 2031
Pre-Stabilisation Notice
Commerzbank AG (contact: Ian Turner; telephone: +44-207-7475-1817) 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: | Hamburger Hochbahn AG |
Guarantor (if any): | none |
Aggregate nominal amount: | EUR 500,000,000 |
Description: | Green senior, unsecured, standalone Eurobond |
Offer price: | tbc |
Other offer terms: | Fixed coupon, due 24 February 2031, denoms 100k/100k, Listing Euro-MTF Luxembourg |
Stabilisation: | |
Stabilisation Coordinator: Stabilising Managers: | Commerzbank AG BNP Paribas Crédit Agricole Corporate and Investment Bank |
Stabilisation period expected to start on: | 17th February 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: | Euro-MTF Luxembourg |
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.
END