LONDON - Natixis, a French corporate and investment bank, has announced as the Stabilisation Coordinator that it may engage in stabilisation activities for Tereos Finance Group I SA's new Senior Notes offering. The notes, which are guaranteed by Tereos SCA, a French agricultural cooperative, are expected to have an aggregate nominal amount of €300 million and a maturity date set for 2031.
The stabilisation period commenced today and is expected to continue until no later than February 14, 2025. During this time, the Stabilisation Manager, Natixis, may over-allot securities or effect transactions to support the market price of the securities at a level higher than that which might otherwise prevail. However, there is no certainty that stabilisation will occur, and if initiated, may be stopped at any time.
The transactions may take place on over-the-counter (OTC) markets and multilateral trading facilities (MTFs), including Bloomberg BBT, TradeWeb, and MarketAxess, in accordance with all applicable laws and rules.
This pre-stabilisation announcement is informational and does not represent an offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities. The offer and the securities are directed at persons outside the United Kingdom (TADAWUL:4280), or those within the UK who have professional experience in investment matters or are high net worth individuals, as specified under the Financial Services and Markets Act 2000.
The securities have not been, and will not be, registered under the United States Securities Act of 1933 and, therefore, may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of these securities in the United States.
This news is based on a press release statement from the Natixis Syndicate, and no further details have been provided at this time.
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