Wentworth CEO sees both capital and dividend growth opportunities in Tanzania's Mnazi gas field Watch Now

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksItaly 6Se23 Regulatory News (61HC)

Share Price Information for Italy 6Se23 (61HC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 115.96
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 115.70
Low: 115.70
Yest. Close: 115.96
61HC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

J.P. Morgan Sec PLC - Stabilisation Notice

Tue, 15th Jan 2019 08:50

RNS Number : 1287N
J.P. Morgan Securities PLC.
15 January 2019
 

15 January 2019

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

REPUBLIC OF ITALY

Pre-stabilisation Period Announcement

J.P. Morgan Securities plc, (contact: Emma Lovett 0207 134 2468) hereby gives notice, as Stabilisation Coordinator, that the Stabilising Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/xxx/2016 under the Market Abuse Regulation (EU/596/2016).

The securities:

Issuer:

REPUBLIC OF ITALY

Guarantor (if any):

N/A

Aggregate nominal amount:

EUR TBC

Description:

EUR 15Y notes due 1 March 2035. Coupon TBC.

Listing: Borsa Italiana S.p.A. (M.O.T.)

Offer price:

TBC

Other offer terms:

Denoms: EUR 1,000 x EUR 1,000

Stabilisation:

Stabilisation Manager(s):

J.P. Morgan Securities plc (Stabilisation coordinator)

Barclays (Stabilisation Manager(s))

Citi (Stabilisation Manager(s))

HSBC (Stabilisation Manager(s))

Unicredit (Stabilisation Manager(s))

 

Stabilisation period expected to start on:

15 January 2019

Stabilisation period expected to end no later than:

15 February 2019

Existence, maximum size and conditions of use of over-allotment facility:

The Stabilisation Manager(s) may over-allot the securities in an amount not exceeding 5% of the aggregate nominal amount stated above.

Stabilisation trading venue:

Over the counter, TBC

 

In connection with the offer of the above securities, the Stabilising Manager(s), or persons acting on behalf of the Stabilising Manager(s) may over-allot the securities, provided that the aggregate principal amount of the securities allotted does not exceed 105 percent of the aggregate principal amount of 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, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time, but it must end no later than the earlier of 30 days after the issue date of the securities and 60 days after the date of allotment of the securities.

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 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.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
STAEAPFSFLFNEEF
Date   Source Headline
15th Jul 20191:20 pmRNSMorgan Stanley & Co. - Stabilisation Notice
12th Jun 201910:35 amRNSMorgan Stanley & Co. - Stabilisation Notice
16th Jan 20197:54 amRNSJ.P. Morgan Sec PLC - Stabilisation Notice
15th Jan 20198:50 amRNSJ.P. Morgan Sec PLC - Stabilisation Notice

Login to your account

Don't have an account? Click here to register.