Morgan Stanley adds Amazon.com as Top Pick
FRANKFURT - VZ Secured Financing B.V. announced Monday it plans to issue €500 million in senior secured fixed rate notes due 2033, according to a pre-stabilization notice issued by Deutsche Bank Aktiengesellschaft.
The notes will be guaranteed by several entities including ABC B.V., Vodafone Libertel B.V., Vodafone Nederland Holding II B.V., and multiple Ziggo entities.
Deutsche Bank will act as the stabilization manager for the offering, with the stabilization period expected to begin September 8, 2025, and end no later than October 14, 2025. The stabilization trading venue will be over-the-counter (OTC).
As part of the stabilization process, Deutsche Bank may over-allot securities up to 5% of the aggregate nominal amount or conduct transactions to support the market price of the securities at levels higher than might otherwise prevail.
The issue price, as well as the spread over benchmark, have not yet been determined, according to the notice.
The securities will be issued with RegS ISIN: XS3181123129 and 144A ISIN: XS3181122071.
The notice states that the securities have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration.
This information was provided in a press release statement issued through the London Stock Exchange’s news service.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.