LUXEMBOURG – JP Morgan SE has announced the start of the pre-stabilization period in relation to the new issue of senior secured bonds of Kapla Holding SAS, which commenced today. The offering consists of EUR 500 million in 6.25-year non-call-2-year senior covered bonds, with the Luxembourg Stock Exchange designated as the listing venue.
The stabilization period, which is expected to last until February 9, 2025, will be overseen by JP Morgan SE as the stabilization coordinator and Credit Agricole (OTC:) CIB will serve as the stabilization manager. During this period, stabilization actions can be taken to support the market price of securities.
Stabilization measures, in accordance with EU market regulations, may include excessive allocation of securities up to 5% of the total nominal amount and transactions aimed at maintaining the market price of securities at a higher level than the one that would otherwise prevail in the market. However, it is noted that stabilization does not necessarily have to occur, and if it has started, it can end at any time within the prescribed period.
The terms of the offer include securities at a price of 100,000 euros, and the specific price of the offer has not yet been confirmed. Transactions, if any, will take place at the counter, and the exact place of trading will be determined.
This publication serves exclusively as a communication of information and does not constitute an invitation or an offer to engage in investment activities related to the securities of Kapla Holding SAS. The offering and the securities are directed to qualified investors outside the United States. Kingdom (TADAWUL:) or those in the UK with professional investment experience as well as high net worth individuals as described in the Financial Services and Markets Act 2000.
These securities 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. There will be no public offering of these securities in the United States.
This news is based on a press release and provides investors with key facts regarding the new issue of Kapla Holding SAS securities and the accompanying stabilization measures.
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