31. October 2023
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
The German State of Hessen (Land Hesen)
(the Issuer)
Post-stabilisation Period Announcement
Further to the pre-stabilisation period announcement dated 27. September 2023, Deutsche Bank AG, Frankfurt (contact: Debt Syndicate, Phone Nr. +44 207 547 6885) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d.) of the Market Abuse Regulation (EU/596/2014)), and also as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities
| The Securities: |
|
| |
|
| Issuer: |
The German State of Hessen |
|
|
|
| Guarantor (if any): |
none |
|
|
|
| Aggregate nominal amount: |
EUR 1,750,000,0000 |
|
|
|
| Description: |
Land Hessen senior unsecured notes due 5 October 2028 |
| |
|
| ISIN Code: |
DE000A1RQEN1 |
|
|
|
| Issue/offer price: |
99.483%
|
| Spread over benchmark: |
OBL 2.4% 10/2028 vs +60.6 bps |
|
|
|
| Stabilisation: |
|
|
|
|
| Stabilising Manager(s): |
Deutsche Bank AG UniCredit Commerzbank JP Morgan LBBW TD Securities |
|
|
|
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 is not an offer of securities for sale into the United States. The securities referred to above 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 has not been and will not be a public offer of the securities in the United States.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.