Pre-Stabilisation notice
January 30,
2023
Not for distribution, directly or
indirectly, in or into the United
States or any jurisdiction in which such distribution would
be unlawful.
Deutsche Pfandbriefbank AG
EUR
500,000,000 Green Senior Preferred Notes due 2027
Pre-Stabilisation Notice
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: |
Deutsche Pfandbriefbank
AG |
| Guarantor (if
any): |
none |
| Aggregate nominal
amount: |
EUR 500,000,000 |
| Description: |
Green senior preferred
Notes due 2027 |
| Offer price: |
tbc |
| Other offer terms: |
Maturity 6 Feb 2027,
payment date 6 Feb 2023, denoms 1k/1k, listing Munich |
|
Stabilisation: |
Stabilisation Coordinator:
Stabilising Managers: |
Commerzbank AG
Danske Bank
DekaBank
HSBC
UniCredit |
| Stabilisation period
expected to start on: |
30 Jan 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: |
Munich SE 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
