Deutsche Bank announces public tender offer for two senior non-preferred zero-coupon securities
Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) announces a public tender offer to buy back two Italian Lira-denominated senior non-preferred zero-coupon securities, re-dominated in Euro in 1999. The target acceptance volume of the tender is 1.0 billion euros.
The public tender offer is designed to proactively manage Deutsche Bank’s debt maturity profile and to provide liquidity to current bond holders.
The tender offer encompasses the following Italian Lira-denominated, zero-coupon securities issued by Deutsche Bank in 1996 and 1997 respectively:
|0.0% October 2026||(ISIN: DE0001342244)|
|0.0% January 2032||(ISIN: DE0001892057)|
The offer is expected to expire on Friday, 25 June 2021.
Information is available on Deutsche Bank’s Investor Relations website under https://www.db.com/ir or by contacting +49 800 910-8000.
Requests for the Tender Offer Memorandum may be directed to the Tender Agent: Lucid Issuer Services Limited (+ 44 20 7704 0880, firstname.lastname@example.org)
No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by Deutsche Bank to inform themselves about, and to observe, any such restrictions.
For further information please contact:
Deutsche Bank AG
Phone: +49 69 910 38079
Phone: +49 69 910 41864
+49 800 910-8000
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 21 March 2021 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.