Commerzbank AG (London Branch) - Pre-Stabilisation notice

PR Newswire

LONDON, United Kingdom, August 23

Pre-Stabilisation notice

August 23, 2023

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

EFSF EUR dual-tranche

Tap 3yr Aug-2026 & New 15yr Aug-2038

Pre-Stabilisation Notice

Commerzbank AG (contact: Daniela Olt-Farrelly; telephone: +49 69 136-20) 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: European Financial Stability Facility Guarantor (if any): by the member States Aggregate nominal amount: tap 2026 tbc € 2bn new tranche Description: Tap 3yr Aug-2026 & New 15yr Aug-2038 Rating Aaa/AA/AA- Offer price: tbc Other offer terms: tap due Aug.2026 new due Aug 2038 payment date: 30 August 2023 Stabilisation: Stabilisation Coordinator: Stabilising Managers: Commerzbank AG HSBC Nomura Stabilisation period expected to start on: August 23, 2023 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 regulated market

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