Commerzbank AG — Capital/Financing Update 2022

May 25, 2022

National Storage Mechanism | Additional information

COMMERZBANK AG (London Branch) - Pre Stabilisation - Allianz EUR 30.1NC10.1 Tier II

PR Newswire

London, May 25

Pre-Stabilisation Notice

25 May 2022

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 Tier II Notes due 05 July 2052

Launched off the Issuer’s Debt Issuance Programme.

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):	n/a
Aggregate nominal amount:	EUR Benchmark
Description:	EUR Benchmark Subordinated Fixed to Floating Rate Tier II Notes due 05 July 2052
Offer price:	tbc
Other offer terms:	Payment date 02 June 2022, denoms 100k+100k, listing Luxembourg Stock Exchange, Expected Rating A2 (Moody’s) / A+(S&P)
Stabilisation:
Stabilisation coordinator: Stabilising Managers:	Commerzbank AG BNP Paribas BofA Securities Europe SA Citigroup Global Markets Europe AG HSBC Continental Europe
Stabilisation period expected to start on:	25 May 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:	Luxembourg Stock Exchange, 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.

END