Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
LONDON - Societe Generale (OTC:SCGLY) SA has announced the possibility of stabilization activities for ARKEMA’s newly issued EUR 400 million bonds, which commenced on Tuesday. The stabilization period, managed by SG CIB, is expected to continue until no later than June 26, 2025.
The bonds, which carry a coupon of 4.25% and were offered at par (100), may experience market price support from the Stabilisation Manager(s) during this time frame. The aim is to maintain the securities’ market price above levels that might otherwise prevail in the open market. However, stabilization is not guaranteed and may end at any time.
Stabilization maneuvers, if initiated, are to be carried out in compliance with all relevant laws and regulations, including the EU Market Abuse Regulation and the UK FCA Stabilisation Binding Technical Standards. Potential over-allotment activities are also permitted within the legal framework.
This notice serves as a factual statement of the stabilization measures and does not constitute an offer to buy or sell ARKEMA securities. The securities in question are not being offered for sale in the United States and have not been registered under the U.S. Securities Act of 1933. As such, they cannot be sold in the U.S. without registration or an applicable exemption from registration requirements.
The information regarding these stabilization activities is aimed exclusively at persons with professional investment experience and high net worth individuals in the UK, as well as qualified investors in the European Economic Area, according to the respective financial regulations.
The announcement is based on a press release statement and is intended to inform investors about the potential stabilization actions concerning ARKEMA’s bond issue. It is essential for investors to note that the stabilization process is subject to market conditions and may not occur as planned.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.