14-Dec-20
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in
which such distribution would be unlawful.
The Republic of Serbia
Post-stabilisation Period Announcement
Further to the pre-stabilisation period announcement dated 23/11/20201 Deutsche Bank AG (contact: DCM Syndication TA; telephone: 0207 54 54153 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)2 was undertaken by the Stabilisation Manager(s)3 named below in relation to the offer of the following securities.
The Securities:
Issuer: The Republic of Serbia
Guarantor (if any):
Aggregate nominal amount: U.S.$1,200,000,000
Description: The Republic of Serbia USD 1.2bn 2.125% Notes due 1 December 2030
Stabilisation Manager(s): BNP Paribas; Deutsche Bank AG, London Branch; J.P. Morgan Securities plc; UniCredit Bank AG
Offer Price: 98.005%