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Commerzbank ( (DE:CBK) ) just unveiled an announcement.
Commerzbank AG, as the Stabilisation Coordinator, has announced the potential stabilisation of EUR 500 million fixed rate notes issued by Land Brandenburg, due in 2033. The stabilisation process, involving multiple banks including DZ Bank AG and HSBC Continental, aims to support the market price of these securities during the stabilisation period, which will be conducted in accordance with EU regulations. The securities will be listed on the Berlin Stock Exchange, and the stabilisation period is expected to start on November 3, 2025, lasting no longer than 30 days post-issuance.
More about Commerzbank
Commerzbank AG is a major German bank operating in the financial services industry, providing a range of banking and financial products. It is involved in investment banking, corporate banking, and asset management, with a focus on serving corporate clients and institutional investors.
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