PARIS, July 10, 2024 (GLOBE NEWSWIRE) --
Piraeus Bank S.A.
Pre Stabilisation Notice
HSBC (contact: syndexecution@noexternalmail.hsbc.com
(mailto:syndexecution@noexternalmail.hsbc.com)) hereby gives notice, as
Stabilisation Coordinator, that the Stabilisation Manager(s) named below may
stabilise the offer of the following securities
+------------------------------------------------------------------------------+
|The securities: |
+-----------------------------------+------------------------------------------+
|Issuer: |Piraeus Bank S.A. |
+-----------------------------------+------------------------------------------+
|Guarantor (if any): |na |
+-----------------------------------+------------------------------------------+
|Aggregate nominal amount: |EUR Benchmark |
+-----------------------------------+------------------------------------------+
|Description: |Fixed rate due 17(th) July 2029 NC4 |
+-----------------------------------+------------------------------------------+
|Offer price: |TBC |
+-----------------------------------+------------------------------------------+
|Other offer terms: | |
+-----------------------------------+------------------------------------------+
|Stabilisation: |
+-----------------------------------+------------------------------------------+
|Stabilising Manager(s): |HSBC Continental Europe, BNP Paribas, BofA|
| |Securities, Commerzbank & IMI - Intesa |
| |Sanpaolo |
+-----------------------------------+------------------------------------------+
|Stabilisation period expected to |10(th) July 2024 |
|start on: | |
+-----------------------------------+------------------------------------------+
|Stabilisation period expected to |16(th) August 2024 |
|end no later than: | |
+-----------------------------------+------------------------------------------+
|Existence, maximum size & |5% of the aggregate nominal amount |
|conditions of use of over-allotment| |
|facility(()(1)): | |
+-----------------------------------+------------------------------------------+
|Stabilisation Venue(s) |Over the counter (OTC) |
+-----------------------------------+------------------------------------------+
In connection with the offer of the above securities, the Stabilisation
Manager(s) may over-allot 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, there is no assurance that the Stabilisation
Manager(s) will take any stabilisation action and any stabilisation action, if
begun, may be ended at any time. Any stabilisation action or over-allotment
shall be conducted in accordance with all applicable laws and rules.
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.
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
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 Regulation (EU) 2017/1129 (the "Prospectus Regulation") (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
Regulation), 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 Regulation (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 Member State.
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.
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.
(____________________________________________)
((1)) Please note that the existence and the maximum size of any greenshoe
option, the exercise period of the greenshoe option and any conditions for
exercise of the greenshoe option must also be disclosed, if such option exists.
In addition, the exercise of the greenshoe option must be disclosed to the
public promptly, together with all appropriate details, including in particular
the date of exercise and the number and nature of securities involved
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 (mailto:rns@lseg.com) or visit www.rns.com
(http://www.rns.com/).
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