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LONDON – Natixis, acting as the Stabilisation Coordinator, announced that starting today, a consortium of banks may engage in stabilization activities for Veolia Environnement (OTC:VEOEY)’s new securities offering. The banks involved include Barclays (LON:BARC), CaixaBank, Deutsche Bank (ETR:DBKGn), HSBC, Mizuho (NYSE:MFG), and Natixis itself. The stabilization measures, permitted under EU and UK regulations, aim to maintain the market price of the securities following their issuance.
The securities in question have an aggregate nominal amount set at a Euro Benchmark, with an initial price thought to be around the 4.875% area. The stabilization period, which begins on Tuesday, May 13, 2025, is expected to last no longer than 30 days from the issue date of the securities. During this time, the Stabilisation Managers may over-allot or undertake transactions to support the market price of the securities above levels that might otherwise prevail in the open market.
Stabilization activities, if they occur, are designed to provide liquidity and support the market price of the securities. However, there is no guarantee that stabilization will take place; if initiated, it can be halted at any time. All transactions will be conducted in compliance with applicable laws and rules, including the Commission Delegated Regulation (EU) 2016/1052 and the UK FCA Stabilisation Binding Technical Standards.
The announcement clarifies that the offer of these securities is not an invitation for acquisition or disposal in any jurisdiction where such activities would be unlawful, nor is it an offer of securities for sale into the United States. The securities have not been registered under the United States Securities Act of 1933 and, as such, may not be offered or sold within the United States without an exemption from registration requirements.
This information is based on a press release statement and is directed at persons outside the United Kingdom (TADAWUL:4280), or those within it who have professional experience in investment matters, or are high net worth individuals as described by the Financial Services and Markets Act 2000. It is also addressed to qualified investors in the EEA and the UK according to respective Prospectus Regulations.
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