Infineon securities may see stabilization by J.P. Morgan SE

LUXEMBOURG - J.P. Morgan SE has announced a stabilization notice for Infineon Technologies AG (OTC:IFNNY) securities, indicating potential market support activities following their recent offer. The stabilization period commenced today and is expected to last until March 6, 2025, with a possible over-allotment of securities not surpassing 5% of the aggregate nominal amount.

The securities in question are EUR 5-year Reg S Bearer, NGN, Senior Unsecured, with TEFRA D listing on the Luxembourg Regulated Market. The offer price is yet to be confirmed, and the securities are described as having an aggregate nominal amount benchmarked in euros.

J.P. Morgan SE is serving as the stabilization coordinator, with BofA Securities, Crédit Agricole CIB, Commerzbank (ETR:CBKG), ING, and Mizuho (NYSE:MFG) acting as stabilization managers. They may undertake transactions to maintain the market price of the securities at a level higher than what might otherwise prevail. However, there is no guarantee that stabilization will occur, and if initiated, it can be discontinued at any time. It must conclude no later than 30 days after the issue date or 60 days after the allotment date, whichever is earlier.

This announcement clarifies that the stabilization measures are in line with Commission Delegated Regulation EU/xxx/2016 under the Market Abuse Regulation (EU/596/2016). The stabilization will be carried out over the counter, with further details to be confirmed.

The notice emphasizes that the information provided does not constitute an offer to underwrite, subscribe for, or acquire securities and is directed at persons with professional investment experience or high net worth individuals in the United Kingdom (TADAWUL:4280). Additionally, the securities have not been registered under the United States Securities Act of 1933 and cannot be offered or sold in the U.S. without registration or an exemption.

The announcement, based on a press release statement, is intended for informational purposes and is subject to terms and conditions for use and distribution. It is not an offer of securities for sale in the United States or any jurisdiction where such an offer would be unlawful.

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