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FRANKFURT - Infineon Technologies AG (OTC:IFNNY) has concluded a bond offering without the execution of any stabilization actions, as announced by J.P. Morgan SE today. The offering, which was initially detailed on February 6, 2025, involved an aggregate nominal amount of EUR 750 million, described as a 5-year Reg S Bearer, NGN, Senior Unsecured, TEFRA D bond, listed on the Luxembourg Regulated Market.
The stabilization period, a practice where underwriters can buy shares in the open market to stabilize a new issue after it comes to market, was not utilized in this case. The securities were offered at a price of 99.560%.
J.P. Morgan SE, acting as the stabilization coordinator, along with BofA Securities, Crédit Agricole CIB, Commerzbank (ETR:CBKG), ING, and Mizuho (NYSE:MFG) serving as stabilization managers, oversaw the process. The absence of stabilization measures suggests a stable or satisfactory demand for the Infineon bond issue.
Stabilization activities are regulated under Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) and the rules of the Financial Conduct Authority, intended to prevent price volatility in the period immediately after issuance.
This financial event is primarily informational and does not represent an invitation or an offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities. The announcement is based on a press release statement, which serves as the source of this information.
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