Stabilisation Notice

JPMorgan Cazenove

09 May 2024

 

9^th May 2024

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

Pension Insurance Corporation plc

Post-stabilisation Period Announcement

J.P. Morgan Cazenove, (contact: Marc Lewell [phone]) hereby gives notice, as Stabilisation Coordinator, that the Stabilising Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/xxx/2016 under the Market Abuse Regulation (EU/596/2016).

Issuer:	Pension Insurance Corporation plc
Guarantor (if any):	N/A
Aggregate nominal amount:	£500mm
Description:	GBP 10.5yr FXD Rate Tier 2 Notes Listing: Regulated Market of the London Stock Exchange
Stabilisation Manager(s):	J.P. Morgan Cazenove (Stabilisation coordinator) BofA Securities (Stabilisation manager) Lloyds (Stabilisation manager) Nomura (Stabilisation manager)
Offer price:	6.819% s.a / 99.617 %

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

 

END