Fubotv earnings beat by $0.10, revenue topped estimates
LONDON - J.P. Morgan SE announced Wednesday it will act as stabilisation coordinator for Public Property Invest ASA’s upcoming euro-denominated senior unsecured notes offering. The stabilisation period is expected to run from June 18 to July 18, 2025.
According to the statement, the offering will consist of long 7-year fixed-rate senior unsecured notes to be listed on the Dublin Stock Exchange. The aggregate nominal amount has not yet been determined.
The stabilisation managers, which include J.P. Morgan SE, Goldman Sachs, DNB Bank ASA, and Nordea, may over-allot securities by up to 5% of the aggregate nominal amount to support the market price of the securities.
The stabilisation activity aims to maintain the securities’ market price at levels that might otherwise not be sustained, though the announcement notes that stabilisation may not necessarily occur and could cease at any time.
The notes will be issued in denominations of €100,000 and will be offered under Regulation S as bearer securities.
The statement specifies that the securities have not been registered under the United States Securities Act of 1933 and cannot be offered or sold in the United States without registration or an exemption.
This information is based on a pre-stabilisation period announcement released by J.P. Morgan SE.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.