Fidelity Wise Origin Bitcoin Fund amends trust agreement to allow in-kind share transactions
LONDON - UBS Investment Bank announced it may act as stabilizing manager for Unicaja Banco’s €500 million green bond offering, according to a pre-stabilization notice issued Tuesday.
The securities being offered are Green 6NC5 Fixed Rate Reset Senior Non-Preferred Notes, with the stabilization period expected to begin June 24 and end no later than July 29, 2025.
UBS Europe SE will serve as the stabilizing manager for the transaction, with a maximum over-allotment facility of up to 5% of the aggregate nominal amount.
As part of the stabilization process, UBS may over-allot securities or conduct transactions to support the market price of the securities at a level higher than might otherwise prevail, though there is no guarantee any stabilization action will be taken.
The offer price and other terms of the bond offering have not yet been determined, according to the notice.
The securities have not been registered under the United States Securities Act of 1933 and will not be offered in the United States. The offering is primarily directed at qualified investors in European Economic Area Member States and experienced investors in the United Kingdom (TADAWUL:4280).
This information is based on a pre-stabilization notice released by UBS AG through the London Stock Exchange (LON:LSEG)’s news service.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.