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PARIS - Societe Generale (OTC:SCGLY), acting as the Stabilisation Coordinator, has announced the potential stabilization activities for ICADE’s newly issued EUR 500 million bond, which commenced on Thursday, May 15, 2025. The securities feature a 4.375% coupon and are set to mature on May 22, 2035, with an offer price of 98.642.
The stabilization period, led by SG CIB as the Stabilisation Manager, is expected to last until Wednesday, May 20, 2025. During this time, the Stabilisation Manager(s) are authorized to over‑allot securities or engage in transactions to support the market price of the securities above the level that might otherwise prevail in the market. However, there is no certainty that stabilization will occur, and if initiated, it can be halted at any time.
The purpose of these actions is to maintain market stability after the issuance of the bonds. All transactions will be conducted in compliance with applicable laws and rules, ensuring transparency and fairness in the stabilization process.
This announcement serves as a notice and is not an invitation or an offer to underwrite, subscribe, acquire, or dispose of any securities of ICADE. The offer is directed at individuals outside the United Kingdom (TADAWUL:4280) or those within the UK who have professional investment experience or are high net worth entities as defined under the Financial Services and Markets Act 2000.
Furthermore, the securities have not been and will not be registered under the United States Securities Act of 1933, and as such, they cannot be offered or sold within the United States without registration or an applicable 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 disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG), and is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
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