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FRANKFURT - Deutsche Bank AG (ETR:DBKGn), acting as the Stabilisation Coordinator, has announced the potential stabilisation of the Kingdom (TADAWUL:4280) of Belgium’s upcoming bond issuance. The securities in question are Euro-denominated benchmark bonds due on June 22, 2042, with the International Securities Identification Number (ISIN) BE0000364738.
The stabilisation period is expected to commence today and will last no longer than April 4, 2025. During this time, the Stabilisation Manager(s)—BNP Paribas Fortis (NYSE:FTS), CACIB, Deutsche Bank AG, HSBC, and Morgan Stanley—may engage in transactions to support the market price of the securities.
Stabilisation activities may include over-allotting securities, not exceeding 5% of the aggregate nominal amount, or executing transactions to maintain market prices at levels higher than those that might otherwise prevail. However, there is no assurance that stabilisation will occur, and if initiated, it can be discontinued at any time. All stabilisation measures, if taken, will be in accordance with applicable laws and rules.
The specific terms of the bond, such as the aggregate nominal amount and the issue/offer price, are yet to be announced. The trading venue for stabilisation will be confirmed in due course.
This pre-stabilisation notice is informational and does not serve as an invitation or offer to underwrite, subscribe for, or acquire securities. The announcement targets individuals outside the United Kingdom or those within the UK who have professional investment experience or are high net worth entities.
The securities have not been registered under the United States Securities Act of 1933 and, therefore, may not be offered or sold in the United States absent registration or an exemption from registration. No public offering of the securities will be made in the United States.
The information in this article is based on a press release statement and is intended for those who are qualified investors or for whom the offer of securities is lawful, in accordance with the Prospectus Regulation (EU) 2017/1129.
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