Crispr Therapeutics shares tumble after significant earnings miss
LONDON - Morgan Stanley & Co (NYSE:MS). International plc announced Friday that no stabilization measures were undertaken for Aktiebolaget Svensk Exportkredit’s (Swedish Export Credit Corporation) recent USD 1.25 billion fixed rate notes offering.
The announcement follows a pre-stabilization notice issued on June 25, 2025. According to the statement, no market stabilization activities, as defined under EU Market Abuse Regulation and UK domestic law, were performed by the designated stabilization managers.
The securities in question are USD fixed rate notes due in 2027 with the ISIN US01021NAE22, which were offered at a price of 99.865 percent. The stabilization managers for the offering included Morgan Stanley & Co. International plc, HSBC Bank plc, Scotiabank (TSX:BNS) (Ireland) Designated Activity Company, and Standard Chartered (LON:STAN) Bank.
The notes were issued without a guarantor, according to the press release statement.
Market stabilization is a process where underwriters may intervene in securities markets following an offering to prevent or slow declining prices. The practice is regulated under market abuse regulations in both the EU and UK.
The announcement was made through the London Stock Exchange (LON:LSEG)’s Regulatory News Service (RNS).
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.