Chapter 2

Information concerning loans and the admission of debt securities to official listing 2.1. Conditions of the loan: 2.1.0. The nominal amount of the loan; if this amount is not fixed, a statement to this effect shall be made. The nature, number and numbering of the debt securities and the denominations. 2.1.1. Except in the case of continuous issues, the issue and redemption prices and the nominal interest rate; if several interest rates are provided for, an indication of the conditions for changes in the rate. 2.1.2. Procedures for the allocation of any other advantages; the method of calculating such advantages. 2.1.3. Tax on the income from the debt securities withheld at source in the country of origin and/or the country of listing. Indication as to whether the issuer assumes responsibility for the withholding of tax at source. 2.1.4. Arrangements for the amortisation of the loan, including the repayment procedures. 2.1.5. The financial organisations which, at the time of admission to official listing, are the paying agents of the issuer in the Member State of admission. 2.1.6. Currency of the loan; if the loan is denominated in units of account, the contractual status of these; currency option. 2.1.7. Time limits: period of the loan and any interim due dates; the date from which interest becomes payable and the due dates for interest; the time limit on the validity of claims to interest and repayment of principal; procedures and time limits for delivery of the debt securities, possible creation of provisional certificates. 2.1.8. Except in the case of continuous issues, an indication of yield. The method whereby that yield is calculated shall be described in summary form. 2.2. Legal information: 2.2.0. Indication of the resolutions, authorisations and approvals by virtue of which the debt securities have been or will be created and/or issued. Type of operation and amount thereof. Number of debt securities which have been or will be created and/or issued, if predetermined. 2.2.1. Nature and scope of the guarantees, sureties and commitments intended to ensure that the loan will be duly serviced as regards both the repayment of the debt securities and the payment of interest. Indication of the places where the public may have access to the texts of the contracts relating to these guarantees, sureties and commitments. 2.2.2. Organisation of trustees or of any other representation for the body of debt security holders. Name and function and description and head office of the representative of the debt security holders, the main conditions of such representation and in particular the conditions under which the representative may be replaced. Indication of where the public may have access to the contracts relating to these forms of representation. 2.2.3. Mention of clauses subordinating the loan to other debts of the issuer already contracted or to be contracted. 2.2.4. Indication of the legislation under which the debt securities have been created and of the courts competent in the event of litigation. 2.2.5. Indication as to whether the debt securities are registered or bearer. 2.2.6. Any restrictions on the free transferability of the debt securities. 2.3. Information concerning the admission of the debt securities to official listing. 2.3.0. The stock exchanges where admission to official listing is, or will be, sought. 2.3.1. Names, addresses and description of the natural or legal persons underwriting or guaranteeing the issue for the issuer. Where not all of the issue is underwritten or guaranteed, a statement of the portion not covered. 2.3.2. If the public or private issue or placing were or are being made simultaneously on the markets of two or more States and if a tranche has been or is being reserved for certain of these, indication of any such tranche. 2.3.3. If debt securities of the same class are already listed on one or more stock exchanges, indication of these stock exchanges. 2.3.4. If debt securities of the same class have not yet been admitted to official listing but are dealt in one or more other markets which are subject to regulation, are in regular operation and are recognised and open, indication of such markets. 2.4. Information concerning the issue of it is concomitant with official admission or if it took place within the three months preceding such admission. 2.4.0. The procedure for the exercise of any right of pre-emption; the negotiability of subscription rights; the treatment of subscription rights not exercised. 2.4.1. Method of payment of the issue or offer price. 2.4.2. Except in the case of continuous debt security issues, period of the opening of the issue or offer and any possibilities of early closure. 2.4.3. Indication of the financial organisations responsible for receiving the public's subscriptions. 2.4.4. Reference, where necessary, to the fact that the subscriptions may be reduced. 2.4.5. Except in the case of continuous debt security issues, indication of the net proceeds of the loan. 2.4.6. Purpose of the issue and intended application of its proceeds.

← 1.3. · All articles · 2.1. →

Source: EUR-Lex (Cellar) · retrieved 2026-10-11 · Text as adopted (Official Journal); later amendments are not incorporated in this text.