DGAP-Ad-hoc: Deutsche Bank AG / Key word(s): Bond
Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) announces a public tender offer with a target acceptance volume of 1.0 billion euros of Euro-denominated senior non-preferred securities.
The transaction is designed to help the bank optimise its future interest payments and maturity structure by taking advantage of a strong liquidity position. As of 30 September 2018, the bank had liquidity reserves of 268 billion euros with a liquidity coverage ratio of 148%.
The tender offer encompasses two long-dated securities issued by Deutsche Bank AG:
1.125% March 2025 (ISIN: DE000DB7XJP9)
1.750% January 2028 (ISIN: DE000DL19T26)
The offer is expected to expire on Tuesday, 27 November 2018.
Information is available on Deutsche Bank's Investor Relations website under https://www.db.com/ir or by contacting +44 20 7545 8011.
Requests for the Offer Documents may be directed to the Tender Agent: Lucid Issuer Services Limited (+ 44 20 7704 0880, firstname.lastname@example.org)
Global Head External Communications
Phone: +49 69 910 48098
Phone: +49 69 910 38079
19-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||Deutsche Bank AG|
|60325 Frankfurt a. M.|
|Phone:||+49 (0)69 910-00|
|Fax:||+49 (0)69 910-38966|
|Indices:||DAX, EURO STOXX 50|
|Listed:||Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; NYSE|
|End of Announcement||DGAP News Service|
747909 19-Nov-2018 CET/CEST