Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
LONDON - J.P. Morgan S.E, acting as the Stabilisation Coordinator, has announced the potential stabilization of securities offered by Infopro Digital, starting today. The stabilization period, which is expected to last no longer than one month, will end by May 29, 2025.
The securities in question are Senior Secured Reg S/144A Notes, with an aggregate nominal amount of EUR 620 million, listed on The International Stock Exchange. The offer price and other terms are yet to be confirmed, but the notes will be available in denominations of EUR 100,000 x EUR 1,000.
Stabilization efforts will be conducted in accordance with relevant EU regulations, aiming to support the market price of the securities. This could include over-allotment of securities, not exceeding 5% of the aggregate nominal amount, or transactions to maintain prices at levels higher than those that might otherwise prevail in the market. However, there is no certainty that stabilization activities will take place, and if initiated, they may be discontinued at any time.
J.P. Morgan S.E is leading the stabilization as the coordinator, with BNP Paribas (OTC:BNPQY), BofA Securities, Deutsche Bank (ETR:DBKGn), and Morgan Stanley (NYSE:MS) also named as Stabilisation Managers. The stabilization trading venue will be over the counter, with specifics to be confirmed.
This announcement serves as a notice and does not constitute an offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities. The offer and securities are directed at persons with professional investment experience in the UK and high net worth entities, as well as qualified investors in the EEA in accordance with the Prospectus Directive.
The securities have not been registered under the United States Securities Act of 1933 and, therefore, may not be offered or sold within the United States absent registration or an exemption from registration. No public offer of these securities will be made in the United States.
This information is based on a press release statement and is intended for informational purposes only.
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