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Post-Stabilisation Notice

7th Jun 2013 14:35

RNS Number : 5932G
UBS Limited
07 June 2013
 



 

UBS Limited07 June 2013

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

 

International Consolidated Airlines Group, S.A. ("IAG")

Post-Stabilisation Notice

 

UBS Investment Bank (contact: Gareth McCartney ECM Syndicate; telephone: +44 20 7568 2227) hereby gives notice that no stabilisation (within the meaning of the rules of the Financial Conduct Authority) was undertaken by the Stabilisation Manager named below in relation to the offer of the following securities.

 

Issuer:

International Consolidated Airlines Group, S.A. ("IAG")

Guarantor (if any):

N/A

Aggregate nominal amount:

€390 million Convertible Bonds due 2018

Description:

Senior, unsecured convertible bonds due 2018 (5 years)

Currency: € denominated

Issuer call: not before 3rd year at 130% of conversion price

Coupon: 1.75% per annum

Initial Conversion Premium: 35% above reference share price

Stabilisation Manager:

UBS Investment Bank

 

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. END

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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