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COMMERZBANK AG - Pre-stabilisation Commerzbank FRN sp due 2023

·2-min read

Pre-Stabilisation notice

17 November 2021

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

Commerzbank Aktiengesellschaft

EUR Floating Rate Preferred Senior Notes due 2023

Pre-Stabilisation Notice

Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +49 69 13620) 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:

Commerzbank Aktiengesellschaft

Guarantor (if any):

none

Aggregate nominal amount:

tbc

Description:

EUR Floating Rate preferred senior Notes due 2023

Offer price:

tbc

Other offer terms:

3m€+100bp coupon; off the issuer’s MTN programme, denoms 100k/100k, listing Frankfurt, payment date 24 Nov 21

Stabilisation:

Stabilisation Coordinator:
Stabilising Managers:

Commerzbank AG
Danske Bank
DZ Bank
Natixis

Stabilisation period expected to start on:

17th November 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:

Frankfurt regulated market

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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