DEUTSCHE BANK AKTIENGESELLSCHAFT SEC Filings

Deutsche Bank AG New York Branch is issuing $1,000,000,000 fixed-to-floating rate eligible liabilities senior notes due February 6, 2032. The notes pay 4.725% per annum on a 30/360 basis until February 6, 2031, then a quarterly floating rate based on Compounded SOFR plus 1.135% on an Actual/360 basis.

The bank may redeem the notes at par on the February 6, 2031 reset date or earlier under a cleanup call if 25% or less of the original issue remains outstanding, in each case with regulatory approval. The notes are senior non-preferred, meaning they rank below other unsecured unsubordinated liabilities in German insolvency or resolution.

Investors consent to potential EU “Resolution Measures,” including write-down to zero or conversion into equity, which would not count as an event of default. The notes are offered at 100% of principal, with a 0.325% selling concession, generating net proceeds of $996,750,000 for general corporate purposes. The notes are issued in $150,000 minimum denominations, will not be listed on any exchange, and carry standard U.S. and German tax disclosures, including treatment as variable rate debt for U.S. federal income tax purposes.

Deutsche Bank AG New York Branch is offering fixed-to-floating rate eligible liabilities senior notes due in February 2032. The notes pay a fixed interest rate for the first five years, then switch to a floating rate based on Compounded SOFR plus a spread, with interest paid semi-annually and then quarterly.

The notes are unsecured, unsubordinated senior non-preferred obligations. In German insolvency or if European resolution authorities impose “Resolution Measures,” payments can be written down, the notes converted into equity, or otherwise changed, which can result in losing some or all of the investment.

Deutsche Bank may redeem the notes in whole at par plus accrued interest on the reset date or through a cleanup redemption if a small portion of the original issuance remains, subject to regulatory approval. The notes are issued in minimum denominations of $150,000, will not be listed on any securities exchange, and are intended to qualify as eligible liabilities instruments for regulatory capital purposes.

Deutsche Bank AG is issuing $4,606,000 of senior Market Linked Notes tied to the S&P 500® Index, maturing on February 1, 2033. Each Note has a $1,000 face amount and offers 100% participation in positive index performance, capped by a 62.00% maximum gain (maximum payment $1,620 per Note).

If the index return is zero or negative, investors receive only the $1,000 face amount at maturity, with no additional return. The Notes pay no periodic interest and will not be listed on any exchange. The issuer’s estimated value is $951.20 per $1,000 at trade date, below the issue price due to commissions and hedging costs.

The Notes are unsecured, senior preferred obligations intended to qualify as eligible liabilities and are subject to German and EU resolution “bail‑in” powers. Any payment, including principal repayment, depends on Deutsche Bank’s credit; a resolution measure or default could result in partial or total loss of invested capital.

Deutsche Bank AG is offering senior unsecured fixed-rate callable notes paying 5.60% per year, priced at 100% of principal in $1,000 denominations. Interest is paid annually each February 13 from 2027 to 2046 on a 30/360 basis.

The notes mature on February 13, 2046 and are callable at Deutsche Bank’s option at 100% of principal plus accrued interest on each February 13 and August 13 from 2028 through 2045, subject to regulatory approval. They will not be listed on any exchange.

Per $1,000 note, the public pays $1,000, the selling agent receives $50 in discounts and commissions, and Deutsche Bank receives $950 in proceeds for general corporate purposes. The notes are not deposits and are not insured by the FDIC or any government agency.

The notes are subject to European bank “Resolution Measures.” If Deutsche Bank is deemed non-viable, the competent authority may write down payments (including to zero), convert the notes into shares, amend terms, transfer or cancel the notes. Investors are deemed to consent to these measures and have no claim for losses from bail-in.

These senior preferred obligations rank ahead of Deutsche Bank’s senior non-preferred debt but remain unsecured, with no collateral or guarantee. Events of default are limited; there is no right to accelerate solely for missed payments, and failure to pay due to a Resolution Measure does not constitute default.

Deutsche Bank AG is offering unsecured, unsubordinated 5.50% fixed rate callable senior notes due February 13, 2039. The notes pay 5.50% per annum, with interest paid annually in arrears each February 13, starting in 2027, on a 30/360 day count basis.

Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes at par plus accrued interest on semiannual call dates every February 13 and August 13 from 2028 through 2038. The notes are not listed, not FDIC insured, and are issued in $1,000 denominations.

A key feature is exposure to European “Resolution Measures” (bail-in). If Deutsche Bank becomes non-viable or enters resolution, authorities may write down payments to zero, convert the notes into equity, amend their terms, or cancel them entirely, so investors may lose some or all principal and interest.

Deutsche Bank AG is offering 5.25% Fixed Rate Callable Senior Debt Funding Notes due February 13, 2036. The notes pay 5.25% interest per year, with payments each February 13 starting in 2027, and are issued at 100% of principal in $1,000 denominations.

Deutsche Bank may redeem the notes at its option at par plus accrued interest on semi-annual call dates beginning February 13, 2028. The notes are unsecured, unsubordinated obligations subject to EU "Resolution Measures," which can impose losses or convert the notes to equity, meaning investors could lose some or all of their investment.

Deutsche Bank is issuing $4,500,000 of 4.60% fixed-rate callable senior debt funding notes due July 30, 2032. The notes pay 4.60% interest per year on each January 30 from 2027 through 2032 and at maturity, using a 30/360 day-count convention.

Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on January 30 and July 30 dates from 2027 through 2032. The notes are unsecured, unsubordinated “senior preferred” obligations, not FDIC insured, and will not be listed on any exchange.

Investors expressly accept European “Resolution Measures,” meaning regulators can write down payments, convert the notes into equity or transfer or amend them if Deutsche Bank is deemed non‑viable, potentially causing a partial or total loss of invested principal and interest. Net proceeds of about $4,437,000 are for general corporate purposes.

Deutsche Bank is offering $2,996,000 of 5.55% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2056. The notes pay 5.55% interest per year, with payments made annually each January 30 starting in 2027.

Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on any January 30 or July 30 from 2031 through 2055. The notes are unsecured, unsubordinated obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits. A European “Resolution Measure” (bail-in) could write down payments or convert the notes into equity, meaning investors may lose some or all of their principal and interest without this counting as an event of default.

The price to the public is $1,000 per note, with underwriting discounts and commissions of $28.50 per note, providing net proceeds to Deutsche Bank of $2,917,852 before expenses. The notes are not insured by the FDIC, will not be listed on any exchange, and are intended for institutional and professional investors rather than retail buyers in the EEA or UK.

Deutsche Bank AG is offering $8,000,000 of 5.30% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2036. The notes are issued at 100% of their $1,000 principal amount and pay 5.30% annual interest, beginning January 30, 2027, on a 30/360 basis.

Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole (but not in part) at 100% of principal plus accrued interest on semi-annual optional redemption dates from January 30, 2028 through July 30, 2035. The notes are unsecured, unsubordinated "senior preferred" obligations ranking ahead of the bank’s senior non-preferred debt but behind certain protected deposits.

Holders are explicitly subject to European bank Resolution Measures, including potential write-down of payments to zero, conversion into equity of Deutsche Bank or another group entity, or other term changes. These measures would not constitute an event of default, and investors may lose some or all of their investment. The notes are not deposits and are not insured by the FDIC. Net proceeds of approximately $7,935,000 will be used for general corporate purposes.