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6.75% Notes due 31 January 2031
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BNP Paribas Primary New Issues: No STAB Notice - Morrisons
GlobeNewswire News Roomยท 2025-07-16 08:07
Core Viewpoint - The announcement details the issuance of securities by Morrisons, including the absence of stabilisation activities during the offering process [2][4]. Group 1: Securities Issuance - Morrisons is issuing two types of notes: EUR 500 million of 6.75% Notes due January 31, 2031, and GBP 500 million of 8.75% Notes due January 31, 2031 [3]. - The offer price for the securities is set at 100 [3]. Group 2: Stabilisation Information - No stabilisation was carried out by the designated Stabilisation Managers in relation to the securities offering [2]. - The Stabilisation Managers include a consortium of banks such as BNP Paribas, Goldman Sachs, and others [4]. Group 3: Regulatory Compliance - The securities are not registered under the United States Securities Act of 1933 and cannot be offered or sold in the United States without proper registration or exemption [5][7]. - The announcement serves informational purposes only and does not constitute an invitation or offer to acquire the securities [6].