Commerzbank AG — Capital/Financing Update 2023

Oct 10, 2023

National Storage Mechanism | Additional information

Commerzbank AG (London Branch) - Pre-Stabilisation - European Union New long 20-year & Tap Oct-2026 dual Benchmark Bonds

PR Newswire

LONDON, United Kingdom, October 10

Pre-Stabilisation notice

10 October 2023

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

European Union

New long 20-year & Tap Oct-2026 dual benchmark bonds

Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +49 69 136-20) 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:

European Union

Guarantor (if any):

none

Aggregate nominal amount:

EUR 4billion 2044 Notes

EUR 2026 Tap Notes

Description:

EUR Fixed Rate RegS bearer bonds

Offer price:

tbc

Other offer terms:

maturies 4thApril 2044 and 5thOctober 2026 (tap), backed by the European Union Member States and EU budget, settlement 17thOctober 2023

Stabilisation:

Stabilsation Coordinator

Stabilising Managers:

Commerzbank AG

Deutsche Bank

Goldman Sachs

JP Morgan

Société Générale

Stabilisation period expected to start on:

10thOctober 2023

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 SE

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

Pre-Stabilisation notice

10 October 2023

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

European Union

New long 20-year & Tap Oct-2026 dual benchmark bonds

Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +49 69 136-20) 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:	European Union
Guarantor (if any):	none
Aggregate nominal amount:	EUR 4billion 2044 Notes EUR 2026 Tap Notes
Description:	EUR Fixed Rate RegS bearer bonds
Offer price:	tbc
Other offer terms:	maturies 4th April 2044 and 5th October 2026 (tap), backed by the European Union Member States and EU budget, settlement 17th October 2023
Stabilisation:
Stabilsation Coordinator Stabilising Managers:	Commerzbank AG Deutsche Bank Goldman Sachs JP Morgan Société Générale
Stabilisation period expected to start on:	10th October 2023
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 SE

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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