DRESDNER BANK AG LONDON BRANCH - Pre-Stab on behalf of Commerzbank EnDW EUR750mil 6yr
Wed. July 01, 2009; Posted: 02:21 PM
Jul 01, 2009 (PR Newswire Europe via COMTEX) --
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PowerRating -- e>1st July 2009
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
EnBW Finance International B.V.
EUR 750,000,000
4.125% Notes due 7 July 2015
Isin: XS0438843871
Stabilisation Notice
Commerzbank AG (contact: Ian Turner; telephone: 0207-475-1817) hereby gives
notice that the Stabilising Manager(s) 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 securities:
Issuer: EnBW International B.V.
Guarantor (if any): EnBW AG
Aggregate nominal amount: EUR 750,000,000
Description: 4.125% Notes due 7 July 2015
Offer price: 99.937
Other offer terms: Min denoms EUR1k. Listing: Luxembourg.
Payment date 7 July 2009.
Stabilisation:
Stabilising Manager(s): Commerzbank AG (CSM)
BNP Paribas (Stabilisation Manager)
Morgan Stanley International (Stabilisation
Manager)
The Royal Bank of Scotland plc
(Stabilisation Manager)
Stabilisation period expected to 1st July 2009
start on:
Stabilisation period expected to 8th July 2009
end no later than:
Existence, maximum size and The Stabilising Manager(s) may over-allot
conditions of use of over-allotment the securities to the extent permitted in
facility. 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 and the offer of the securities to which it relates are only
addressed to and directed at persons outside the United Kingdom and persons in
the United Kingdom who have professional experience in matters related to
investments or who are high net worth persons within article 12(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United Kingdom.
In addition, if and to the extent that this announcement is communicated in, or
the offer of the securities to which it relates is made in, any EEA Member
State that has implemented Directive 2003/71/EC (together with any applicable
implementing measures in any Member State, the "Prospectus Directive") before
the publication of a prospectus in relation to the securities which has been
approved by the competent authority in that Member State in accordance with the
Prospectus Directive (or which has been approved by a competent authority in
another Member State and notified to the competent authority in that Member
State in accordance with the Prospectus Directive), this announcement and the
offer are only addressed to and directed at persons in that Member State who
are qualified investors within the meaning of the Prospectus Directive (or who
are other persons to whom the offer may lawfully be addressed) and must not be
acted on or relied on by other persons in that Member State.
This announcement is not an offer of securities for sale into the United
States. 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. There will
be no public offer of securities in the United States.
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END
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