Deutsche Bank announces results of public tender offer for US Dollar bonds as of early tender time
Deutsche Bank (XETRA: DBKGn.DE/ NYSE: DB) is announcing initial results, as of the early tender time, of its tender offer to repurchase up to USD 1.0 billion of four US dollar-denominated senior non-preferred securities. The tender offer was launched on 28 July 2022 and the early tender time ended at 5 p.m. EST on 10 August 2022 (the “Early Tender Time”). During this period, securities in an aggregate principal amount of USD 2.0 billion were tendered by investors and USD 1.0 billion will be accepted by the bank for purchase. Because the tender offer was oversubscribed as of the Early Tender Time, holders of notes who tender after such time will not have any of their notes accepted for purchase.
Through the transaction, Deutsche Bank has proactively managed its debt maturity profile and provided liquidity to current bond holders.
Information is available on Deutsche Bank’s Investor Relations website under https://www.db.com/ir or by contacting +49 800 910-8000.
No offer or invitation to acquire any securities is being made pursuant to this announcement. The offer is being made pursuant to an Offer to Purchase dated 28 July 2022 (the “Offer to Purchase”). The distribution of this announcement and the Offer to Purchase may be restricted by law in certain jurisdictions. Persons into whose possession this announcement and/or the Offer to Purchase comes are required to inform themselves about, and to observe, any such restrictions.
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Deutsche Bank (XETRA: DBKGn.DE/ NYSE: DB) is announcing initial results, as of the early tender time, of its tender offer to repurchase up to USD 1.0 billion of four US dollar-denominated senior non-preferred securities. The tender offer was launched on 28 July 2022 and the early tender time ended at 5 p.m. EST on 10 August 2022 (the “Early Tender Time”). During this period, securities in an aggregate principal amount of USD 2.0 billion were tendered by investors and USD 1.0 billion will be accepted by the bank for purchase. Because the tender offer was oversubscribed as of the Early Tender Time, holders of notes who tender after such time will not have any of their notes accepted for purchase.
Through the transaction, Deutsche Bank has proactively managed its debt maturity profile and provided liquidity to current bond holders.
Information is available on Deutsche Bank’s Investor Relations website under https://www.db.com/ir or by contacting +49 800 910-8000.
No offer or invitation to acquire any securities is being made pursuant to this announcement. The offer is being made pursuant to an Offer to Purchase dated 28 July 2022 (the “Offer to Purchase”). The distribution of this announcement and the Offer to Purchase may be restricted by law in certain jurisdictions. Persons into whose possession this announcement and/or the Offer to Purchase comes are required to inform themselves about, and to observe, any such restrictions.
For further information please contact:
Deutsche Bank AG
Media Relations
Jon Laycock Phone: +44 79 1910 3884
Email: jon.laycock@db.com
Investor Relations
+49 800 910-8000
db.ir@db.com
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