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Pre Stabilisation Announcement - Allianz EUR 30.5NC10.5

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Pre-Stabilisation Notice

 

January 03, 2024

 

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

 

 

Allianz SE

EUR 30.5NC10.5 Subordinated Tier 2 Fixed to Floating Rate Notes with scheduled maturity in 2054

Launched pursuant to the Issuer’s Debt Issuance Programme with a separate Terms and Conditions document

 

 

Commerzbank AG (contact: Ian Turner; telephone: +44-207-7475-1817) hereby announces, as Stabilisation Coordinator, that the Stabilising Managers named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse Regulation (EU Regulation 596/2014).

 

The security to be stabilised:

Issuer:

Allianz SE

Guarantor (if any):

none

Aggregate nominal amount:

EUR Benchmark

Description:

EUR 30.5NC10.5 Subordinated Tier 2 Fixed to Floating Rate Notes due 2054

Offer price:

tbc

Other offer terms:

DIP, denoms 100k/100k, listing Luxembourg Stock Exchange

Stabilisation:

Stabilisation Coordinator:

Stabilising Managers:

Commerzbank AG

BofA Securities

Citigroup

Credit Agricole CIB

Deutsche Bank AG

Stabilisation period expected to start on:

January 03, 2024

Stabilisation period expected to end on:  

no later than 30 days after the proposed issue date of the securities

Existence, maximum size and conditions of use of over-allotment facility.

The Stabilising Managers may over-allot the securities to the extent permitted in accordance with applicable law.

Stabilisation trading venue:

Luxembourg Stock Exchange

 

In connection with the offer of the above securities, the Stabilising Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities during the stabilisation period at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

 

This announcement is not for distribution, directly or indirectly, in or into the United States or any other jurisdiction in which such distribution would be unlawful.

 

 

END

 

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