REG - RBC Europe Ltd Eversholt FundingPLC - Stabilisation Notice

CK Hutchison HoldingsAnnouncement

19/06/2020 10:45

RNS Number : 5038Q
  
RBC Europe Ltd
  
19 June 2020
  
 

19th June 2020
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
Eversholt GBP 10.5yr WAL
Pre-Stabilisation Period Announcement
RBC Europe Limited (Syndicate Desk; telephone: 0207 029 7161) hereby gives notice that as Stabilising Coordinator, 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).), with the aim of supporting the market price of such securities during the stabilisation period.
 



The securities:




Issuer:


Eversholt Funding PLC




Guarantor (if any)


Eversholt UK Rails (Holding) Limited, Eversholt Finance Holdings Limited, Eversholt Rail Limited, Eversholt Depot   Finance Limited, Eversholt Rail Leasing Limited, Eversholt Investment Limited, European Rail Finance Holdings Limited, European Rail Finance Limited and European Rail Finance (2) Limited




Aggregate nominal amount:


GBP Benchmark




Description:


Eversholt GBP 10.5yr WAL




Offer price:


TBC




Other offer terms


TBC




 
Stabilisation:




Stabilisation Manager(s):


BNP Paribas, HSBC Bank Plc and RBC Europe Limited
 




Stabilisation period expected to start on:


 19th June 2020




Stabilisation period expected to end no later than:


For maximum of 30 days after the proposed issue date of the securities




Existence, maximum size and conditions of use of over-allotment facility:


The Stabilisation Manager(s) may over-allot the securities in an amount not exceeding 5% of the aggregate nominal amount stated above.




Stabilisation Trading Venue(s):


London Stock Exchange



 
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 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. Nothing in this communication shall constitute a public offering or an offer to sell or the solicitation of an offer to buy securities in the United States, Canada, Australia or Japan or any jurisdiction in which such offer or sale would be unlawful. The offer of securities and the distribution of this announcement and other information in connection with the transaction referred to herein may be restricted by law and persons into whose possession this announcement or other information referred to herein come should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.


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