Intel stock extends gains after report of possible U.S. government stake
FRANKFURT - Deutsche Bank AG (ETR:DBKGn) announced Tuesday it may act as stabilization manager for La Doria S.p.A.’s €675 million senior secured floating rate notes offering due 2030, according to a press release statement.
The stabilization period is expected to begin July 1, 2025, and end no later than August 8, 2025. Deutsche Bank may over-allot securities or conduct transactions to support the market price at levels higher than might otherwise prevail, with a maximum over-allotment facility of 5% of the aggregate nominal amount.
The notes will be issued at a price of 100%, with LDH (La Doria) Limited, a private limited company incorporated under English and Welsh law, serving as guarantor.
Trading will take place over-the-counter (OTC), with the securities having RegS ISIN code XS3109821051 and 144A ISIN code XS3109823180.
The bank noted that any stabilization action is not guaranteed and may be terminated at any time. All activities will be conducted in accordance with applicable laws and rules.
The securities have not been registered under the United States Securities Act of 1933 and will not be offered in the United States. The offering is directed at qualified investors in EEA Member States and to persons outside the United Kingdom (TADAWUL:4280) or those in the UK with professional investment experience.
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