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FRANKFURT - Deutsche Bank AG (ETR:DBKGn), acting as a stabilisation manager, has announced the completion of the post-stabilisation period for D.V.I. Deutsche Vermögens- und Immobilienverwaltungs GmbH’s (DVI) green senior notes, confirming that no further stabilisation activities were undertaken following the initial offering.
The EUR 350 million green bond, which carries a 4.875% interest rate and is due on August 21, 2030, was initially offered on May 14, 2025. The ISIN code for the securities is XS3074385009, and they were issued at a price of 99.048%.
The spread over the benchmark German government bond, DBR 0 08/15/30, was set at +284.2 basis points. Deutsche Bank, along with UniCredit, acted as stabilising managers during the offering process.
Stabilisation efforts, as defined under Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) and incorporated into UK law by the European Union (Withdrawal) Act 2018, are measures taken by underwriters to support the market price of a security after its initial offering. However, Deutsche Bank has confirmed that no such actions were required for DVI’s issuance.
The announcement serves as a formal closure to the stabilisation window and provides transparency to the market regarding the issuance and stabilisation process. It is important to note that the securities in question have not been registered under the United States Securities Act of 1933 and, as such, have not been offered or sold within the United States, adhering to the regulatory requirements that restrict such securities to specific investor classes under registration exemptions.
This information, based on a press release statement, does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction, particularly in the United States or to any U.S. person.
Investors in green bonds such as those issued by DVI typically seek to contribute to environmental sustainability, as proceeds from these bonds are generally used to finance projects with environmental benefits. The successful completion of DVI’s green bond offering without the need for stabilisation underscores the market’s receptiveness to such investment opportunities.
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