COMMERZBANK AG: Pre Stabilisation SpareBank 1 SR EUR500mil 2% 2018
COMMERZBANK AG: Pre Stabilisation SpareBank 1 SR EUR500mil 2% 2018 Pre-Stabilisation notice
5th November, 2012
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
SpareBank 1 SR-Bank ASA € 500,000,000 2.00%. Senior Notes due 14 May 2018 Stabilisation Notice Commerzbank AG (contact: Ian Turner; telephone: 44-207-475-1817) hereby announces that the Stabilising Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC). The security to be stabilised:
Issuer: SpareBank 1 SR-Bank ASA
Guarantor (if any): n/a
Aggregate nominal amount: €500,000,000
Description: €500mil 2.00% Senior Notes due 14 May 2018
Offer price: 99.624
Other offer terms: Payment 14-Nov, Listing Luxembourg. Denoms:
100k+1k. Expected Rating: A1/A- Fitch
Stabilising Manager(s): Coordinating Stabilsation Manager:
Commerzbank Aktiengesellschaft Stabilisation Managers Credit Suisse DZ Bank Societe Generale Corporate & Investment Bank
Stabilisation period commences 5th November, 2012
Stabilisation period expected to No later than 30 days end on:
Existence, maximum size and The Stabilising Manager(s) may over-allot conditions of use of over-allotment the securities to the extent permitted in facility. accordance with applicable law.
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 at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilising Manager(s) will take any stabilisation action and any stabilisation action, if begun, may be ended 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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