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LUXEMBOURG - Eurobank Ergasias Services and Holdings S.A. is in the spotlight as Morgan Stanley (NYSE:MS) Europe SE, acting as Coordinating Stabilisation Manager, has signaled potential market stabilization measures. These steps, which may include over-allotment of securities, are aimed at supporting the market price of Eurobank’s newly offered EUR Fixed Rate Reset Additional Tier 1 Notes.
The stabilization period began today, Wednesday, and is expected to continue until no later than July 4, 2025. Morgan Stanley, along with BNP PARIBAS, BofA Securities Europe SA, Citigroup (NYSE:C) Global Markets Europe AG, Deutsche Bank (ETR:DBKGn) Aktiengesellschaft, and UBS Europe SE, are the financial institutions that may engage in transactions to maintain the securities’ market price.
Stabilization activities, if initiated, will be carried out on the Luxembourg Stock Exchange’s Euro MTF market, with the objective of sustaining the securities’ price at a level higher than what might naturally prevail. However, there is no guarantee that stabilization will take place, and it may stop at any time.
This announcement is strictly informational and should not be construed as an invitation or offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities. The offer and the securities are directed at persons outside the United Kingdom (TADAWUL:4280), as well as at professional investors and high net worth individuals within the UK, in accordance with the Financial Services and Markets Act 2000.
Additionally, the offer is addressed to qualified investors in the EEA and the UK, as defined by the respective Prospectus Regulations, with no action to be taken based on this announcement by other persons in these jurisdictions.
It is important to note that the securities mentioned have not been registered under the United States Securities Act of 1933 and are not for sale in the United States, with no public offer of securities planned in the country.
The details provided in this article are based on a press release statement and are intended for general informational purposes.
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