AT1 RegS

Additional Tier 1 (AT1) May 2021

On 5 May 2021, Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) issued Additional Tier 1 capital instruments with a principal amount of 1.25 billion euros. The issuance will further strengthen Deutsche Bank’s Tier 1 capital position.

The securities will bear a fixed coupon of 4.625%, payable annually, until 30 April 2028. The Bank can call the securities, subject to prior supervisory approval on each day between 30 October 2027 and 30 April 2028, thereafter on 30 April of each subsequent year. The applicable rate of interest will be reset at five year intervals starting on 30 April 2028 on the basis of the then prevailing 5 year Euro swap rate plus the initial credit spread of 4.747% per year.

The securities (ISIN DE000DL19VZ9) are expected to be listed on the Luxembourg Stock Exchange and traded on its regulated market.

The denominations of the securities are 200,000. Deutsche Bank AG acted as sole bookrunner for the offering.

The securities of Deutsche Bank AG mentioned in this release have not been registered under the Securities Act of 1933, as amended (“Securities Act”) and will be issued under Regulation S of the Securities Act only and may not be offered, sold or delivered within the United States absent registration under the Securities Act or an exemption from registration requirements.

Information

May 10, 2021 Prospectus: EUR 1.25bn, coupon 4.625%,
ISIN DE000DL19VZ29
PDF
May 05, 2021 Press Release: Deutsche Bank successfully completes issuance of Additional Tier 1 capital instruments PDF
May 04, 2021 Press Release: Deutsche Bank to issue Additional Tier 1 capital instruments PDF

Additional Tier 1 (AT1) RegS May 2014

The Management Board of Deutsche Bank AG resolved on April 28, 2014 with the approval of the Chairman’s Committee of the Supervisory Board to undertake an inaugural multi currency Additional Tier 1 transaction. Each tranche is expected to be of benchmark size for the respective market and total a minimum of EUR 1.5 billion in aggregate.

The issuance will be the third step in a co-ordinated series of measures, announced on 29 April 2013, to further strengthen the Bank’s capital structure and follows a EUR 3 billion equity capital raise in April 2013 and the issuance of USD 1.5 billion CRD 4 compliant Tier 2 securities in May 2013. Today’s announced transaction is the first step towards reaching the overall targeted volume of approximately EUR 5 billion of CRD 4 compliant Additional Tier 1 capital which the Bank plans to issue by the end of 2015.

The securities of Deutsche Bank AG mentioned on this website have not been registered under the Securities Act of 1933, as amended (“Securities Act”) and will be issued under Regulation S of the Securities Act only and may not be offered, sold or delivered within the United States absent registration under the Securities Act or an exemption from registration requirements.

Information

May 27, 2014 Prospectus: EUR 1.75 bn, coupon 6%,
ISIN DE000DB7XHP3
PDF
May 27, 2014 Prospectus: USD 1.25 bn, coupon 6.25%,
ISIN XS1071551474
PDF
May 27, 2014 Prospectus: GBP 650 mn, coupon 7.125%,
ISIN XS1071551391
PDF
May 20, 2014 IR Release: Deutsche Bank successfully completes issuance of Additional Tier 1 capital PDF
May 19, 2014 Update to the investor presentation PDF
May 5-9, 2014 Roadshow: investor presentation PDF
April 28, 2014 IR Release: Deutsche Bank undertakes issuance of Additional Tier 1 capital PDF