Athene Global Funding plans market stabilization measures

Published 19/05/2025, 08:14
Athene Global Funding plans market stabilization measures

LONDON - Deutsche Bank AG (ETR:DBKGn), London Branch, has announced as the Stabilisation Coordinator that it may engage in transactions to stabilize the price of securities offered by Athene Global Funding. This action is in accordance with EU and UK market regulations, and it is intended to support the market price of the securities during the stabilization period.

The securities in question are FA-Backed EUR Notes with a 2-year benchmark, under the ISIN Code XS3078642314. The initial price guidance for these notes is set at 3-month EURIBOR plus approximately 85 basis points. The exact aggregate nominal amount of the offering has not been disclosed.

The stabilization period is expected to commence today, Monday, and is anticipated to end by July 7, 2025. During this window, Stabilisation Managers, including Barclays (LON:BARC), BNP Paribas (OTC:BNPQY) (BNPP), Deutsche Bank (DB), and JPMorgan (JPM), may over-allot securities or engage in other transactions to maintain the securities’ market price above levels that would otherwise prevail. However, there is no guarantee that stabilization activities will take place, and if initiated, they can be discontinued at any time.

The stabilization measures, if undertaken, will adhere to all relevant laws and rules. This pre-stabilization notice does not constitute an offer to sell or a solicitation of an offer to buy any securities. The securities have not been registered under the United States Securities Act of 1933 and will not be offered or sold in the United States absent registration or an exemption from registration.

The information regarding this potential market stabilization activity is based on a press release statement and is directed at qualified investors and those with professional investment experience, particularly in the United Kingdom (TADAWUL:4280) and the European Economic Area. It is not intended for distribution in the United States or to any person in any jurisdiction where such distribution would be unlawful.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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