24Business

BNG Bank announces stabilization of USD reference value via Investing.com

LONDON – TD Global Finance unlimited, as Stabilization Coordinator, has announced potential stabilization activities for BNG Bank NV’s upcoming USD RegS/144A Fixed Rate Social Bonds due February 2030. The securities, described as USD Benchmark in aggregate nominal amount, expect to stabilize as of today, in an effort to support the market price during the stabilization period which is scheduled to end no later than February 21, 2025.

The stabilization process, which may involve over-allotment of securities or the execution of transactions to maintain the market price of securities, is not guaranteed to be sustained and may be terminated at any time. These activities will be conducted by the stabilization manager(s) in accordance with all applicable laws and regulations, and the OTC (over-the-counter) will serve as the trading venue for the stabilization.

The offer and this announcement are directed to persons outside the United States Kingdom (TADAWUL:) or those within it who have professional experience in investment matters or who are high net worth entities. This information is also relevant to qualified investors in the European Economic Area and the United Kingdom, in accordance with the relevant Prospectus Regulation and the UK Prospectus Regulation.

The securities have not been registered under the United States Securities Act of 1933 and therefore may not be offered or sold in the United States without registration or an exemption from registration. There will be no public offering of the securities in the United States.

This notice is based on a press release and is for informational purposes only. It does not constitute an offer to take over, subscribe, acquire or dispose of any securities of BNG Bank NV in any jurisdiction.

This article was generated with the support of artificial intelligence and reviewed by an editor. See our T&C for more information.





Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button