18th March 2024
Not for distribution, directly
or indirectly, in or into the United States or
any jurisdiction in which such distribution would be
unlawful.
Banco de Sabadell,
S.A.
(the Issuer)
Pre-stabilisation Period
Announcement
Deutsche Bank AG, Frankfurt (contact:
Debt Syndicate, Phone Nr. +44 207 547 6885) hereby gives notice, as
Stabilisation Coordinator, that the Stabilisation Manager(s) named
below may stabilise the offer of the following securities in
accordance with Commission Delegated Regulation (EU) 2016/1052
under the Market Abuse Regulation (EU/596/2014) and the UK FCA
Stabilisation Binding Technical Standards.
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Securities:
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Issuer:
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Banco de Sabadell,
S.A.
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Guarantor (if any):
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Aggregate nominal amount:
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TBC
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Description:
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Banco de Sabadell - EUR 10.25NC5.25
Tier 2
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ISIN Code:
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TBC
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Issue/offer price:
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IPT: MS+270 bps area
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Spread over benchmark:
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TBC
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Stabilisation:
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Stabilising Manager(s):
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Banco Sabadell / Barclays /
Crédit Agricole CIB / Deutsche Bank / HSBC / ING
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Stabilisation period
expected to start on:
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18/03/2024
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Stabilisation period
expected to end no later
than:
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29/04/2024
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Existence, maximum size and conditions
of use of over-
allotment facility:
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The Stabilisation Manager(s) may
over-allot the
securities to the extent permitted in
accordance
with applicable law.
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Stabilisation trading
venue(s)
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TBC
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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 during the stabilisation period at a
level higher than that which might otherwise prevail. However,
stabilisation may not necessarily occur and any stabilisation
action, if begun, may cease 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.
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.
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 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
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.
If and to the extent that this
announcement is communicated in, or the offer of the securities to
which it relates is made in, the UK before the publication of a
prospectus in relation to the securities which has been approved by
the competent authority in the UK in accordance with Regulation
(EU) 2017/1129 as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018 (the "UK Prospectus
Regulation"), this announcement and the offer are only addressed to
and directed at persons in the UK who are qualified investors
within the meaning of the UK 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 the UK.
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.