EQS-News

Deutsche Bank AG Announces Tender Offer Results for Trust Preferred Securities issued by Deutsche Postbank Funding Trust I and issued by Deutsche Postbank Funding Trust III - Seite 2

The Offeror will pay a Purchase Price for those Trust Preferred Securities accepted for purchase pursuant to the relevant Offer equal to: (i) in the case of the DPFT I Trust Preferred Securities, 77.00 per cent. of the Liquidation Preference Amount of the relevant DPFT I Trust Preferred Securities; and (ii) in the case of the DPFT III Trust Preferred Securities, 77.00 per cent. of the Liquidation Preference Amount of the relevant DPFT III Trust Preferred Securities.

The Offeror will also pay an Accrued Capital Payment Amount in respect of any Trust Preferred Securities accepted for purchase pursuant to the Offers.

A summary of the final results for the Offers appears below.
 

Description of the Trust Preferred Securities	ISIN / Common Code / Fonds Code / WKN	Purchase Price*	Amount accepted pursuant to the relevant Offer
€300,000,000 Noncumulative Trust Preferred Securities issued by Deutsche Postbank Funding Trust I (the DPFT I Trust Preferred Securities)	DE000A0DEN75 / 020467568 / 11648 / A0DEN7	77.00 per cent.	€148,002,000
€300,000,000 Noncumulative Trust Preferred Securities issued by Deutsche Postbank Funding Trust III (the DPFT III Trust Preferred Securities)	DE000A0D24Z1 / 021988391 / 11709 / A0D24Z	77.00 per cent.	€144,077,000
*            As a percentage of the Liquidation Preference Amount of the relevant Trust Preferred Securities.

General
The expected Settlement Date for the Offers is 29 November 2023.

Deutsche Bank Aktiengesellschaft is acting as Dealer Manager (Telephone: [phone]; Attention: Liability Management Group) and Kroll Issuer Services Limited is acting as Tender Agent (Telephone: [phone]; Attention: Arlind Bytyqi / Jacek Kusion; Email: [e-mail]; Tender Offer Website : https://deals.is.kroll.com/deutschepostbank).