93RU Kommuna. 39

TIDM93RU

RNS Number : 4571D

J.P. Morgan Securities PLC.

31 January 2018

31Jan2018

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

Kommunalbanken (KBN)

Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 30Jan2018, J.P. Morgan Securities plc, (contact: Emma Lovett 0207 134 2468) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) or the rules of the Financial Conduct Authority) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

 
 Issuer:             Kommunalbanken (KBN) 
------------------  --------------------------------- 
 Guarantor (if       N/A 
  any): 
------------------  --------------------------------- 
 Aggregate nominal   USD 700mm 
  amount: 
------------------  --------------------------------- 
 Description:        USD FRN maturing 12-Mar-2021 
------------------  --------------------------------- 
 Stabilisation       J.P. Morgan Securities plc (as 
  Manager(s):         Stabilisation Coordinator) 
                      Citi (Stabilisation Manager(s)) 
                      TD (Stabilisation Manager(s)) 
------------------  --------------------------------- 
 Offer price:        3m$L+4bps / 100% 
------------------  --------------------------------- 
 

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 information is provided by RNS

The company news service from the London Stock Exchange

END

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January 31, 2018 03:41 ET (08:41 GMT)

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