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Published on 7/14/2014 in the Prospect News Investment Grade Daily.

New Issue: Deutsche Bank sells $50 million add-on to floaters due 2017 at 100.122

By Aleesia Forni

Virginia Beach, July 14 – Deutsche Bank AG, London Branch priced a $50 million add-on to its existing senior notes due May 30, 2017 at 100.122, according to a FWP filing with the Securities and Exchange Commission.

The notes have a coupon of Libor plus 47 basis points.

The issue’s total size is now $550 million, including $500 million priced at par on May 22.

Deutsche Bank Securities Inc. was the lead manager.

The financial services company is based in Frankfurt.

Issuer:Deutsche Bank AG, London branch
Issue:Add-on to senior notes
Amount:$50 million
Maturity:May 30, 2017
Joint bookrunners:Deutsche Bank Securities Inc.
Coupon:Libor plus 47 bps
Price:100.122
Trade date:July 14
Settlement date:July 15
Distribution:SEC registered
Total issue size:$550 million, including $500 million priced at par on May 22

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