This website requires Javascript for some parts to function propertly. Your experience may vary.

Hengeler Mueller advises Deutsche Bank on issuance of Additional Tier 1 capital instruments | Hengeler Mueller News

Hengeler Mueller advises Deutsche Bank on issuance of Additional Tier 1 capital instruments

Deutsche Bank AG issued Additional Tier 1 capital instruments with a principal amount of €1.50 billion (ISIN DE000A383JS3). The securities bear a fixed coupon of 8.125%, payable annually in arrear, until 30 April 2030. The applicable rate of interest will be reset at five-year intervals starting on 30 April 2030 on the basis of the then prevailing 5 year Euro swap rate plus the initial credit spread of 5.261% per year.

Hengeler Mueller advised the joint lead managers on the transaction.

 

Hengeler Mueller team for Deutsche Bank

Capital Markets: Alexander Rang (partner, lead), Pascal Brandt, Konrad Schäfer (both associates, all Frankfurt),

Tax: Matthias Scheifele (partner), Tim Würstlin (associate, both Munich).

Latest Articles

Sebastian Schneider and Jens Wenzel appointed new co-managing partners at Hengeler Mueller

Ministerial draft bill to combat digital violence published

Hengeler Mueller partner Carsten van de Sande joins London office as Resident Partner

Recent Capital Markets (ECM) Work