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COMMERZBANK AG (London Branch) - Pre Stabilisation Federal Republic of Germany EUR4bn

·2-min read

Pre-Stabilisation Notice

01 June 2022

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

Federal Republic of Germany

EUR 4,000,000,000 increase of the outstanding

EUR 6,000,000,000 0.00% Green Bonds due 15 August 2050

Standalone documentation.

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:

Federal Republic of Germany

Guarantor (if any):

n/a

Aggregate nominal amount:

EUR 4,000,000,000

Description:

EUR 4,000,000,000 increase of the outstanding EUR 6,000,000,000 0.00% Green Bonds due 15 August 2050

Offer price:

tbc

Other offer terms:

Payment date 08 June 2022, denoms EUR0.01, listing All domestic exchanges, Expected Rating Aaa (Moody’s) / AAA (S&P)

Stabilisation:

Stabilisation coordinator:
Stabilising Managers:

Commerzbank AG
Barclays Bank
Credit Agricole Corporate and Investment Bank
HSBC Bank
Morgan Stanley
Nomura

Stabilisation period expected to start on:

01 June 2022

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:

All domestic exchanges

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

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