Empark bond issue sees no stabilization action by BNP Paribas

Published 09/04/2025, 14:04
Empark bond issue sees no stabilization action by BNP Paribas

LONDON - BNP Paribas (OTC:BNPQY) has announced that no stabilization measures were taken following the recent bond issue by Empark. The notice, issued on Wednesday, follows a pre-stabilization period that began on March 25, 2025.

The securities in question, with an aggregate nominal amount of EUR 300 million, were described as 3E+2.5% bonds maturing in March 2030 and were offered at a price of 100. BNP Paribas, alongside Goldman Sachs, acted as the Stabilisation Manager(s) for the issuance.

Stabilization activities are conducted to support the price of a security after its initial offering, but in this case, BNP Paribas confirmed that such actions were not necessary.

Investors should note that the bonds have not been registered under the United States Securities Act of 1933 and, as such, cannot be offered or sold within the United States absent registration or an exemption from registration. Consequently, there will not be a public offering of these securities in the United States.

This announcement serves as an informational notice and is not to be taken as an invitation or offer to buy or sell any securities of the Issuer in any jurisdiction. The information is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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