Source - RNS
RNS Number : 3097J
Merrill Lynch Intl (DTG) Syndicate
08 September 2016

08 September 2016


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


PartnerRe Ireland Finance DAC


Pre-stabilisation Period Announcement


Merrill Lynch International (contact: Dharit Patel ; telephone: 0044 207 9953966) hereby gives notice, as Stabilisation Coordinator, that 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).


The securities:



PartnerRe Ireland Finance DAC

Guarantor (if any):

PartnerRe Ltd

Aggregate nominal amount:

EUR / size to be confirmed


10yr senior bond offering

Offer price:

To be confirmed, with initial price thoughts at ms+[135]bps

Other offer terms:




Stabilisation Manager(s):

Merrill Lynch International (Stabilisation Coordinator)


BNP Paribas


Deutsche Bank AG, London Branch (if London)


Stabilisation period expected to start on:

08 September 2016

Stabilisation period expected to end no later than:

07 October 2016 (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 to the extent permitted in accordance with applicable law.

Stabilisation trading venue:

Over the counter (OTC)


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