Post-Stabilisation Notice

Deutsche Bank AG, Frankfurt

09 February 2024

 

9. February 2024

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

Republic of Italy

(the Issuer)

Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 9. January 2024, Deutsche Bank AG, Frankfurt (contact: Debt Syndicate, Phone No. [phone]) 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:	Republic of Italy
Guarantor (if any):	none
Aggregate nominal amount:	EUR 5,000,000,000
Description:	BTPS 4.5% Oct-2053 EUR Increase
ISIN Code:	IT0005534141
Issue/offer price:	100.56%
Spread over benchmark:	+21pbs vs BTPS 2.15% 09/52
Stabilisation:
Stabilising Manager(s):	CACIB Deutsche Bank Goldman Sachs Bank SE J.P. Morgan SE MPS

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.

 

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