PARIS, Sept. 06, 2022 (GLOBE NEWSWIRE) --
OP Corporate Bank plc
Pre Stabilisation Notice
HSBC (contact: 'synd manager'; telephone: +44 207 992 8066) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities
| The securities: | |
| Issuer: | OP Corporate Bank plc |
| Guarantor (if any): | na |
| Aggregate nominal amount: | EUR Benchmark |
| Description: | Fixed due 15th December 2025 |
| Offer price: | TBC |
| Other offer terms: |
|
| Stabilisation: | |
| Stabilising Manager(s): | HSBC Continental Europe |
| Stabilisation period expected to start on: | 6th September 2022 |
| Stabilisation period expected to end no later than: | 14th October 2022 |
| Existence, maximum size & conditions of use of over-allotment facility[1]: | 5% of the aggregate nominal amount |
| 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.