May 20, 2014

Deutsche Bank successfully completes issuance of Additional Tier 1 capital

Frankfurt am Main, 20 May 2014 - Today, Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) placed undated Additional Tier 1 Notes with an equivalent value of Euro 3.5 billion.
The offering consisted of three tranches:

  • EUR 1.75 billion tranche with a coupon of 6%, ISIN: DE000DB7XHP3
  • USD 1.25 billion tranche with a coupon of 6.25%, ISIN: XS1071551474
  • GBP 650 million tranche with a coupon of 7.125%, ISIN: XS1071551391

All tranches will be priced at an issue price of par (100%) or greater.
Warrants to subscribe a total of 30,250 shares, which had originally been attached to the notes, were already detached by an initial subscriber.

All three tranches are expected to be listed on the Luxembourg Stock Exchange. The denominations of the individual notes are EUR 100,000, USD 200,000 and GPB 100,000, respectively.

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.

Deutsche Bank AG
Taunusanlage 12
60325 Frankfurt am Main
Germany
ISIN: DE0005140008
WKN: 514000

Listed: Regulated market in Berlin-Bremen, Duesseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich und Stuttgart; EUREX; NYSE

The International Securities Identification Numbers (ISINs) of further financial instruments issued by Deutsche Bank AG, and admitted to trading on a domestic organized market or for which such admission has been applied for, are listed in the attached PDFs.