J.P. Morgan SE announces potential stabilization of Bank Polska Kasa Opieki S.A. securities

Published 28/05/2025, 08:24
© Reuters

LONDON - J.P. Morgan SE, acting as the Stabilisation Coordinator, has announced the possibility of market stabilization activities for Bank Polska Kasa Opieki S.A.’s new securities offering. The stabilization period commenced today and is expected to continue until June 28, 2025.

The securities in question are 6-year Non-Call 5-year Senior Non-Preferred MREL Regs Bearer Notes, with an expected aggregate nominal amount of EUR 500 million. These notes are slated for listing on both the Luxembourg Stock Exchange and the Regulated Market of the Warsaw Stock Exchange. The offer price is yet to be confirmed.

The stabilization actions, if undertaken, are in accordance with the Commission Delegated Regulation EU/xxx/2016 under the Market Abuse Regulation (EU/596/2016). The Stabilisation Manager(s) named, including J.P. Morgan SE (coordinator), Bank Pekao, Commerzbank (ETR:CBKG), Societe Generale (OTC:SCGLY), and UniCredit, may over-allot securities up to 5% above the aggregate nominal amount or engage in transactions to support the market price of the securities.

These transactions can be executed over the counter and are intended to maintain market stability by potentially supporting the securities’ market price at a higher level than might otherwise prevail. However, there is no guarantee that stabilization will occur, and if initiated, it may stop at any time but must end by the specified date.

This announcement serves as a notice and does not constitute an offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities. It is directed at persons with professional investment experience and high net worth individuals in the United Kingdom (TADAWUL:4280), as well as qualified investors in the European Economic Area as per the Prospectus Directive.

The securities have not been, nor will they be, registered under the United States Securities Act of 1933 and are not intended for sale in the United States absent registration or an exemption from registration. There will be no public offering of these securities in the United States.

This information, based on a press release statement, is provided for informational purposes only and does not imply any invitation or offer to invest.

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

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