Deutsche Bank AG

Capital/Financing Update • Oct 26, 2021

National Storage Mechanism | Additional information

RNS Number : 1974Q

Deutsche Bank AG, Frankfurt

25 October 2021

25 October 2021

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

Lorca Telecom Bondco, S.A.U.

Kaixo Bondco Telecom, S.A.U.

Post-Stabilisation Notice

Pursuant to Article 6(3) of Commission Delegated Regulation (EU) 2016/1052 supplementing Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation, Deutsche Bank Aktiengesellschaft (contact: Jeremy Selway, telephone +44 (0)20 7547 5983) hereby gives notice that stabilisation was undertaken by the Stabilising Manager named below in relation to the offer of the following securities.

The Securities:

Issuer:                                     Senior Secured Notes Issuer: Lorca Telecom Bondco, S.A.U.

Senior Notes Issuer: Kaixo Bondco Telecom, S.A.U.

Guarantor (if any):                      On or about the Issue Date:

Lorca Finco plc

Masmovil Ibercom, S.A.U.

Lycamobile, S.L.U.

Masmovil Broadband, S.A.U.

Xfera Móviles, S.A.U.

Kaixo Telecom, S.A.U.

the Target and R Cable y

Telecable Telecomunicaciones, S.A.

Aggregate nominal amount:   Senior Secured Notes: EUR 1,550,000,000

Senior Notes: EUR 500,000,000

Description:                                        EUR 1,550,000,000 Senior Secured Notes 4% due 2027 (RegS ISIN (temporary): XS2397086252; RegS ISIN: XS2240463674; 144A ISIN: XS2240463757)

EUR 500,000,000 Senior Notes 5.125% due 2028 (Regs ISIN: XS2397198487; 144A: XS2397243887)

Issue/Reoffer Price:                Senior Secured Notes: 100

Senior Notes: 100

Spread over benchmark:        Senior Secured Noted: 451bps                     

Senior Notes: 548bps

Trading venue(s) on which stabilisation occurred:  Over the counter

Stabilisation:

Stabilising Manager(s):              Deutsche Bank Aktiengesellschaft

Stabilisation started:                  05 October 2021

Stabilisation last occurred:        13 October 2021

For each of the dates during which stabilisation transactions were carried out, the price range was as follows:

Lorca Telecom Bonco SAU 4% SSN due 2027

Date:	Lowest Price (EUR):	Highest Price (EUR):
06/10/2021	99.625	100.000
07/10/2021	100.125	100.500

Kaixo Bonco Telecom SA 5.125% SUN due 2029

Date:	Lowest Price (EUR):	Highest Price (EUR):
06/10/2021	99.000	100.125
08/10/2021	100.000	100.000
13/10/2021	99.375	99.375

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 an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

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