Beamr video compression achieves up to 50% improvement for AVs
LONDON - J.P. Morgan SE announced today that it has not undertaken any stabilisation measures for the securities offered by Golden Goose S.p.A. The notice follows the pre-stabilisation period announcement from May 8, 2025, concerning the Italian company’s issuance of EUR 480 million in senior secured floating-rate notes.
The securities in question, described as EUR 6-Non-Call-1-year Senior Secured FRN Notes, have been listed on both the Luxembourg and Vienna Stock Exchanges. The offer price was set at 100.000%.
Stabilisation activities are interventions conducted by underwriters to support the secondary market price of a new security after its initial offering. Such measures are common in the case of significant market volatility or if a new issue is not well received by investors. However, in this instance, J.P. Morgan SE, acting as the stabilisation coordinator, confirmed that no such actions were required.
The team of stabilisation managers included prominent financial institutions such as Goldman Sachs, BNP Paribas (OTC:BNPQY), Bank of America, Citi, UBS, and Unicredit (BIT:CRDI).
This announcement serves purely as a factual statement and does not constitute an offer or invitation to underwrite, subscribe for, or otherwise acquire or dispose of any securities. The information is based on a press release statement and is provided by RNS, the news service of the London Stock Exchange (LON:LSEG), which is authorized by the Financial Conduct Authority in the UK as a Primary Information Provider. Terms and conditions related to the use and distribution of this information may apply.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.