LUXEMBOURG - J.P. Morgan S.E has announced the initiation of a pre-stabilisation period in connection with Kapla Holding S.A.S's new issuance of senior secured notes, which commenced today. The offering consists of EUR 500 million in 6.25-year-Non-Call-2-year Senior Secured Notes, with the Luxembourg Stock Exchange set as the listing venue.
The stabilization period, which is expected to last until February 9, 2025, will be overseen by J.P. Morgan S.E as the Stabilisation Coordinator, with Credit Agricole (OTC:CRARY) CIB serving as the Stabilisation Manager. During this period, stabilization actions may be taken to support the market price of the securities.
The stabilization measures, in accordance with EU market regulations, may include over-allotment of securities up to 5% of the aggregate nominal amount, and transactions aimed at maintaining the market price of the securities at a higher level than what might otherwise prevail in the market. However, it is noted that stabilization may not necessarily occur, and if initiated, may end at any time within the stipulated period.
The terms of the offer include securities priced at EUR 100,000 each, with the specific offer price yet to be confirmed. The transactions, if any, will take place over the counter, with the exact trading venue to be determined.
This announcement serves purely as a communication of information and does not represent an invitation or an offer to engage in investment activities related to the securities of Kapla Holding S.A.S. The offer and the securities are aimed at qualified investors outside the United Kingdom (TADAWUL:4280) or those within the UK with professional investment experience, as well as high net worth individuals as described under the Financial Services and Markets Act 2000.
The securities mentioned have not been registered under the United States Securities Act of 1933 and are not intended for distribution or sale within the United States, absent specific exemptions from registration requirements. No public offering of these securities will be made in the United States.
This news is based on a press release statement and provides investors with the key facts regarding Kapla Holding S.A.S's new securities issuance and the accompanying stabilization measures.
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