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LONDON - Rabobank London Branch Bond Syndicate Desk has announced its role as the Coordinating Stabilisation Manager for Alliander N.V.’s latest securities offering, with potential stabilization actions to commence today. The securities in question are part of an EMTN (Euro Medium Term Note) programme based on a prospectus dated September 27, 2024, and supplemented on April 22, 2025.
Alliander N.V., the issuer, is offering two tranches of Fixed Rate Notes due in 2033 and 2037, respectively. The aggregate nominal amount for the notes is set at EUR 1 billion, though the reoffer price and other offer terms are yet to be confirmed.
The stabilization period, which Rabobank may undertake to support the market price of the notes, is expected to start today and end no later than May 28, 2025. During this period, Rabobank, along with other Stabilising Managers BNP PARIBAS, ING, and NatWest, may over-allot or effect transactions to maintain prices at a higher level than might otherwise prevail in the market.
However, it’s important to note that there is no guarantee that stabilization activities will occur. If initiated, these activities could be discontinued at any time, and they must comply with all applicable laws and rules.
This pre-stabilisation announcement serves as a notification and does not constitute an invitation or offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities. The offer is directed at qualified investors and high net worth individuals in the United Kingdom (TADAWUL:4280), as well as at persons outside the UK, in accordance with the Financial Services and Markets Act 2000.
The notes have not been registered under the United States Securities Act of 1933 and, therefore, cannot be offered or sold in the United States without registration or an exemption from registration. Consequently, there will be no public offering of the notes in the United States.
This information, based on a press release statement, is provided by RNS, the news service of the London Stock Exchange (LON:LSEG), and approved by the Financial Conduct Authority in the UK.
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