Source - RNS
RNS Number : 3293H
Deutsche Bank Aktiengesellschaft
06 June 2017
 

NEWS RELEASE

Deutsche Bank Proposes Amending and/or Replacing CRAFT 2014-4 Notes and Proposes to Terminate CRAFT 2011-4R Notes

 

Deutsche Bank Aktiengesellschaft (the "Issuer") wishes to give notice that it is proposing making certain amendments to the terms and conditions of the outstanding U.S.$95,000,000 Floating Rate Notes Due 2023 Credit Linked to the "CRAFT 2014-4" Replenishable Loan Portfolio, with the following CUSIP and ISIN numbers:

CUSIP:                   25155K AM7 (Rule 144A Notes)

D1811H AG0 (Reg S Notes)

ISIN:                       US25155KAM71 (Rule 144A Notes)

USD1811HAG05 (Reg S Notes),

(the "CRAFT 2014-4 Notes").

Specifically, the Issuer is proposing to extend the Scheduled Maturity Date from January 15, 2021 to January 15, 2024 and Legal Maturity Date from January 15, 2023 to January 15, 2026.  In order to achieve this maturity extension, the Issuer is offering for the 3 year extension portion the Spread Percentage of 6.5% per annum. In the near future, the Issuer will be approaching noteholders with a view to concluding matters. The Issuer may at any time at the Issuer's sole and absolute discretion decide not to propose such amendment or replacement of the CRAFT 2014-4 Notes.

For the avoidance of doubt, this notice does not constitute a notice specifying an Early Redemption Date in respect of the CRAFT 2014-4 Notes.

Deutsche Bank Aktiengesellschaft (the "Issuer") also wishes to give notice that it is proposing the termination of  the outstanding EUR 39,900,000 Floating Rate Mezzanine Notes Due 2019 Credit Linked to the "CRAFT 2011-4R" Replenishable Loan Portfolio, with the following CUSIP and ISIN numbers:

ISIN:                       XS1008568674 (Rule 144A)

XS1008568591 (Reg S),

(the "CRAFT 2011-4R Notes").

In the near future, the Issuer will be approaching noteholders with a view to concluding matters. The Issuer may at any time at the Issuer's sole and absolute discretion decide not to propose such termination of the CRAFT 2011-4R Notes.

For the avoidance of doubt, this notice does not constitute a notice specifying an Early Redemption Date in respect of the CRAFT 2011-4R Notes.

 

About Deutsche Bank

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany's leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific. Additional information about Deutsche Bank is available at www.db.com.

 

Source: Deutsche Bank AG

Deutsche Bank Contacts:

Investor Relations

+49 69 910 35395 (Frankfurt)

+44 20 754 50279 (London)

db.ir@db.com

 

 

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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