Unilever Capital Corp announces pre-stabilization period

Published 19/05/2025, 12:28
Unilever Capital Corp announces pre-stabilization period

LONDON - Unilever (LON:ULVR) Capital Corporation has initiated a pre-stabilization period as of today, with Mizuho (NYSE:MFG) International plc serving as the Stabilisation Coordinator. The stabilization measures are in anticipation of the offer of senior unsecured securities, which include a EUR benchmark 5-year and a EUR benchmark 10-year offering, with the offer price yet to be confirmed.

The stabilization period commenced on Monday and is expected to continue until no later than June 21, 2025. During this time, Mizuho International plc, along with BofA Securities, Goldman Sachs International, and Santander (BME:SAN) as Stabilisation Managers, may engage in transactions to support the market price of the securities at levels higher than those that might otherwise prevail.

Stabilisation actions, which may include over-allotment of securities up to 5% of the aggregate nominal amount, aim to provide market stability. However, there is no guarantee that stabilization will occur, and if initiated, it may be discontinued at any time. All stabilization actions will comply with applicable laws and rules.

This announcement is strictly informational and should not be considered an invitation or offer to underwrite, subscribe for, or acquire securities in any jurisdiction. The offer is directed at persons outside the United Kingdom (TADAWUL:4280) and those within the UK who have professional investment experience or are high net worth individuals, as defined by the Financial Services and Markets Act 2000.

The securities have not been and will not be registered under the United States Securities Act of 1933 and, as such, may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offering of these securities in the United States.

The information provided in this article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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