Deutsche Bank announces public tender offer for five series of its senior non-preferred bonds
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.
Deutsche Bank Aktiengesellschaft (XETRA: DBKGn.DE/NYSE: DB) announces a tender offer for five series of its senior non-preferred bonds. The maximum acceptance amount for the tender offer is 1.0 billion Euros, subject as set out in the Tender Offer Memorandum referred to below.
The 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 four series of Euro-denominated and one series of British Pound-denominated senior non-preferred bonds issued by Deutsche Bank from 2020 to 2022:
The tender offer is expected to expire at 5.00 p.m. (CET) on Tuesday, 06 September 2022.
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 bonds is being made pursuant to this announcement. The tender offer is being made pursuant to a Tender Offer Memorandum dated 30 August 2022 (the “Tender Offer Memorandum”) and is subject to restrictions in certain jurisdictions, as fully described in the Tender Offer Memorandum. The distribution of this announcement and the Tender Offer Memorandum may be restricted by law in certain jurisdictions. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required to inform themselves about, and to observe, any such restrictions.
Requests for the Tender Offer Memorandum relating to the tender offer may be directed to the Tender Agent: Kroll Issuer Services Limited (phone: +44 20 7704 0880, attention: Arlind Bytyqi / Jacek Kusion; email: firstname.lastname@example.org)
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 11 March 2022 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.