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LONDON - Deutsche Bank AG (ETR:DBKGn), London Branch has announced a potential stabilization strategy for the newly offered securities of Clarios Global LP and Clarios US Finance Company, Inc., starting today. The bank may engage in transactions to support the market price of the securities above the level that might otherwise prevail in the open market.
The securities in question are EUR 800,000,000 Senior Secured Fixed Rate Notes due 2031, with the specific issue and reoffer prices, as well as the spread over benchmark, yet to be determined. The stabilization period commenced on June 4, 2025, and is expected to conclude by July 14, 2025, with over-the-counter (OTC) being the trading venue.
The stabilization manager, Deutsche Bank AG, London Branch, may also over-allot the securities up to 5% of the aggregate nominal amount as part of the stabilization actions. However, there is no certainty that stabilization activities will be carried out, and if they begin, they can be discontinued at any time.
The notes will be jointly and severally guaranteed by the issuer’s parent company, Holdings, and all of the issuer’s existing and future wholly-owned subsidiaries that guarantee the issuer’s obligations under the Senior Secured Credit Facilities.
This pre-stabilization notice is intended to inform the market and potential investors, and it does not constitute an offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities. The offer and sale of the securities are directed only at persons outside the United Kingdom (TADAWUL:4280), professional investors, and high net worth individuals in the UK, in accordance with the Financial Services and Markets Act 2000.
Furthermore, the announcement specifies that the securities have not been and will not be registered under the United States Securities Act of 1933, and as such, may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will not be a public offering of these securities in the United States.
This information is based on a press release statement and is intended to provide potential investors with relevant details about the stabilization measures that may be taken by Deutsche Bank AG, London Branch in connection with the offer of Clarios securities.
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