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VIENNA - Austrian oil and gas company OMV Aktiengesellschaft has completed its €750 million perpetual bond offering without requiring market stabilization measures, according to a statement released Tuesday.
J.P. Morgan SE, acting as stabilization coordinator, confirmed that no stabilization activities were undertaken for the securities. The bond is structured as a perpetual non-call offering with a 5.5-year term.
The offering was priced at 100% of face value and will be listed on the Luxembourg exchange. The securities were issued in Regulation S format as bearer bonds under Category 2 regulations.
Several financial institutions participated in managing the offering, including J.P. Morgan SE as stabilization coordinator, alongside MUFG, BofA Securities, Erste Bank (VIE:ERST), ING, LBBW, and SMBC acting as stabilization managers.
A stabilization period announcement was initially made on June 23, 2025, but market conditions apparently did not require intervention to support the bond’s price during the offering period.
The announcement was made in accordance with Article 3.2(d) of the European Union’s Market Abuse Regulation and the rules of the UK’s Financial Conduct Authority.
OMV Aktiengesellschaft is one of Central Europe’s leading integrated oil and gas companies. The information was disclosed through a regulatory news service announcement via the London Stock Exchange (LON:LSEG).
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