By Angela McDaniels
Tacoma, Wash., Aug. 12 – Deutsche Bank AG, London Branch priced $10 million of callable step-up fixed-rate notes due Aug. 28, 2035, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon is 4.125% for the first 10 years and 5% for the last 10 years. Interest is payable semiannually.
The payout at maturity will be par.
The notes are callable at par on Aug. 28, 2025.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
|
Issue: | Callable step-up fixed-rate notes
|
Amount: | $10 million
|
Maturity: | Aug. 28, 2035
|
Coupon: | 4.125% for first 10 years and 5% for last 10 years; payable semiannually
|
Price: | Variable prices
|
Payout at maturity: | Par
|
Call option: | At par on Aug. 28, 2025
|
Pricing date: | Aug. 10
|
Settlement date: | Aug. 28
|
Agent: | Deutsche Bank Securities Inc.
|
Fees: | 3%
|
Cusip: | 25152R2T9
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.