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MADRID - Caixabank, S.A. announced Monday that no market stabilization measures were undertaken for its recent €1.5 billion notes offering, according to a statement from Morgan Stanley (NYSE:MS) Europe SE, which served as one of the stabilization managers.
The Spanish banking group’s offering consisted of €500 million in Floating Rate Notes due 2029 and €1 billion in Fixed Rate Notes due 2035. The 2029 notes were priced at 100% of face value, while the 2035 notes were priced at 99.060%.
The announcement follows a pre-stabilization period notification issued on June 18, 2025. Market stabilization refers to transactions that support a security’s market price during the initial distribution period.
Morgan Stanley Europe SE, Caixabank, Commerzbank (ETR:CBKG) Aktiengesellschaft, Landesbank Baden-Wurttemberg, Natixis, and NatWest Markets N.V. were appointed as stabilization managers for the transaction.
The 2029 notes carry the ISIN code XS3103589167, while the 2035 notes are identified by ISIN XS3103589670.
According to the press release statement, the securities have not been registered under the United States Securities Act of 1933 and are not being offered for sale in the United States.
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