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Commerzbank ( (DE:CBK) ) has issued an update.
Commerzbank AG has announced a pre-stabilisation notice for its EUR Undated Non-Cumulative Fixed to Reset Additional Tier 1 Notes, which are expected to be rated Ba2/BB by Moody’s and S&P. The stabilisation period is set to begin on May 27, 2025, and will be managed by Commerzbank AG, Deutsche Bank, HSBC, and ING, with the Luxembourg Stock Exchange as the trading venue. The stabilisation efforts aim to support the market price of the securities, although such actions are not guaranteed to occur.
More about Commerzbank
Commerzbank AG is a major German bank operating in the financial services industry. It offers a range of banking products and services, including corporate banking, retail banking, and investment banking, with a focus on both domestic and international markets.
For a thorough assessment of CBK stock, go to TipRanks’ Stock Analysis page.