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LONDON - UBS Investment Bank announced Wednesday it may stabilize the offer of benchmark euro-denominated senior bonds to be issued by SGS Nederland Holding B.V. and guaranteed by SGS SA, according to a press release statement.
The stabilization involves two tranches of senior bonds - one due in 2030 and another due in 2035. The aggregate nominal amount is described as a "EUR Benchmark" with offer price and other terms yet to be determined.
UBS AG London Branch will act as the Stabilizing Manager for the bond offering. The stabilization period is expected to begin September 3, 2025, and end no later than October 9, 2025.
As part of the stabilization process, UBS may over-allot securities or conduct transactions to support the market price of the bonds at a level higher than might otherwise prevail. The maximum size of the over-allotment facility is up to 5% of the aggregate nominal amount.
The press release notes that there is no assurance that UBS will take any stabilization action, and any such action, if begun, may be ended at any time.
The securities have not been registered under the United States Securities Act of 1933 and will not be offered in the United States. The announcement also includes restrictions regarding offers in the United Kingdom and European Economic Area Member States that have implemented the Prospectus Directive.
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