LUXEMBOURG - J.P. Morgan S.E has announced its role as the Stabilisation Coordinator for Evonik Industries AG’s latest securities offering, with a potential stabilization period beginning today. The offering consists of a EUR 500 million green, senior, and unsecured bond, with the terms of the offer yet to be confirmed.
The securities will be listed on the Luxembourg Stock Exchange and are described as Reg S Bearer, Dematerialised. The stabilization measures, which are in accordance with EU market regulations, may be applied by J.P. Morgan S.E and other stabilisation managers including Citi, Helaba, HSBC, and Société Générale (EPA:SOGN).
Stabilization activities are expected to start on the date of the announcement and could continue until February 8, 2025, at the latest. These activities may include over-allotment of securities not exceeding 5% of the aggregate nominal amount or transactions to support the market price of the securities at a higher level than might otherwise prevail. However, there is no guarantee that stabilization will occur, and if initiated, it can end at any time within the specified period.
The announcement clarifies that the information provided does not constitute an offer to underwrite or acquire securities and is directed only at relevant persons outside the United Kingdom (TADAWUL:4280) or those within it who have professional investment experience.
Furthermore, the securities have not been registered under the United States Securities Act of 1933 and, as such, may not be offered or sold in the United States without registration or an exemption from registration. There will be no public offering of these securities in the United States.
This information is based on a press release statement and is intended for informational purposes only. The announcement made by J.P. Morgan S.E does not serve as an invitation or an endorsement for investing in the securities mentioned.
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