Pre-Stabilisation notice
June 9,
2015
Not for distribution, directly or
indirectly, in or into the United
States or any jurisdiction in which such distribution would
be unlawful.
The Federal Republic of Germany
€ 2 – 2.5 bn inflation-linked Federal
bond due 15th April
2046
Stabilisation Notice
Commerzbank AG (contact: Hermann
Behrends, telephone: +49 69 136 21668) hereby announces that
the Stabilising Managers named below may stabilise the offer of the
following securities in accordance with Commission Regulation (EC)
No. 2273/2003 implementing the Market Abuse Directive
(2003/6/EC).
| The
security to be stabilised: |
| Issuer: |
The Federal Republic of
Germany |
| Guarantor (if
any): |
n/a |
| ISIN |
DE0001030575 |
| Aggregate nominal
amount: |
€ 2,000,000,000 -
2,500,000,000 |
| Description: |
Fixed coupon, linked to
the European Harmonised Index Consumer Price HICP (ex Tobacco) |
| Offer price: |
tba |
| Other offer terms: |
Payment 16 June
2015, initial accrued 15 April 2015, Rating
Aaa/AAA/AAA, |
|
Stabilisation: |
Coordinating Stabilisation Manager:
Stabilising Managers: |
Commerzbank AG
Crédit Agricole CIB
Goldman Sachs International
HSBC
Société Générale CIB |
| Stabilisation period
commences |
June 9, 2015 |
| Stabilisation period
expected to end on: |
No later than 30
days |
| 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. |
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 at a level higher than that which might otherwise
prevail. However, there is no assurance that the Stabilising
Manager(s) will take any stabilisation action and any stabilisation
action, if begun, may be ended 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