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Commerzbank ( (DE:CBK) ) has issued an announcement.
Commerzbank has issued a post-stabilisation notice regarding a €1 billion bond offering by ZF Europe Finance B.V., a financing vehicle for ZF Friedrichshafen AG, comprising 5.50% notes maturing on 17 February 2032. The bank confirms that no price stabilisation activities, as defined under the EU Market Abuse Regulation, were carried out in connection with the placement of these notes.
The transaction, supported by a syndicate including Commerzbank, BNP Paribas, LBBW and UniCredit as stabilisation managers, indicates that the bond was placed without the need for aftermarket support measures. This suggests sufficient market demand and orderly trading for the issue, offering reassurance to bond investors and underlining the depth of liquidity for high-grade European corporate debt.
More about Commerzbank
Commerzbank AG is a major German banking group that provides corporate and investment banking services, including capital markets and debt issuance support, to clients across Europe and globally. The bank frequently acts as arranger, underwriter and stabilisation manager for euro-denominated bond offerings, serving institutional issuers and investors in the international fixed income markets.
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