Deutsche Bank AG is offering 5.10% fixed-rate callable Senior Debt Funding Notes due February 27, 2036. The notes pay interest annually in arrears, based on an unadjusted 30/360 day count convention, with payments each February 27 starting in 2027.
The issuer may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semi-annual optional redemption dates each February 27 and August 27 from 2030 through 2035, subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations, issued at 100% of a $1,000 minimum denomination, with a $40 per-note selling concession and $960 in proceeds to Deutsche Bank.
These notes are subject to European bank “Resolution Measures,” including bail-in powers that can write down payments to zero, convert the notes into equity, or amend or cancel their terms. Imposition of a Resolution Measure would not constitute an event of default, and holders have limited acceleration and enforcement rights, so investors could lose some or all of their investment.
Deutsche Bank AG is offering unsecured, unsubordinated Senior Debt Funding Notes, Series E, paying a fixed 4.50% annual coupon, with interest paid each February 27 from February 27, 2027 until February 27, 2031, unless redeemed earlier.
The notes are callable at the bank’s option at 100% of principal plus accrued interest on each February 27 and August 27 from 2027 through August 27, 2030. They are issued at 100% of principal in minimum denominations of $1,000, will not be listed on any exchange, and are not insured by the FDIC or any government agency.
Under EU bank resolution rules (the BRRD and related German law), these senior preferred notes may be subject to “Resolution Measures,” including write-down of payments to zero, conversion into equity of Deutsche Bank or another group entity, transfer, amendment, or cancellation. Holders irrevocably consent to such measures, which do not constitute an event of default, and have limited rights to challenge them or accelerate the notes.
Deutsche Bank AG is offering unsecured, unsubordinated Senior Debt Funding Notes paying a fixed 5.65% annual coupon, with interest paid each February 27, starting in 2027, and a final maturity on February 27, 2051. The notes are issued at 100% of principal in minimum denominations of $1,000.
The bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at par plus accrued interest on semiannual optional redemption dates every February 27 and August 27 from 2028 through 2050. The notes are not listed on any exchange and are not deposit products or FDIC insured.
These securities are explicitly subject to European “Resolution Measures,” including the bail‑in tool. If Deutsche Bank is deemed non‑viable, authorities may write down payments on the notes, convert them into equity, amend their terms, or cancel them entirely, and such actions will not constitute an event of default. Holders waive extensive rights to challenge these measures and have limited enforcement remedies, with no right to accelerate for payment or covenant defaults.
The notes rank as senior preferred unsecured obligations, ahead of the bank’s senior non‑preferred debt but behind certain protected liabilities such as covered deposits. Net proceeds are for general corporate purposes. Distribution is through Deutsche Bank Securities Inc., an affiliate that receives selling commissions and may stabilize or trade in the notes.
Deutsche Bank AG is offering unsecured, unsubordinated Senior Debt Funding Notes, Series E, paying a fixed 5.00% per annum until February 27, 2034. Interest is paid annually in arrears each February 27, starting in 2027, on a 30/360 basis.
The notes are issued at 100% of principal in minimum $1,000 denominations. Per $1,000 note, the price to the public is $1,000, selling concessions are $30, and proceeds to Deutsche Bank are $970. The notes are not listed on any securities exchange and are not insured by the FDIC or any government agency.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes at 100% of principal plus accrued interest on February 27 and August 27 each year from 2027 through August 27, 2033. The notes rank as senior preferred unsecured obligations, ahead of the bank’s senior non‑preferred debt.
Investors expressly consent to potential EU “Resolution Measures” (bail‑in), under which a resolution authority may write down payments, convert the notes into equity, amend terms, or cancel the notes. Such actions are not events of default, and holders have limited acceleration and enforcement rights, meaning they could lose some or all of their investment.
Deutsche Bank AG is offering $4,498,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due February 11, 2041. The notes are issued at 100% of principal, pay 5.50% annual interest on each February 11 starting in 2027, and are unsecured, unsubordinated obligations.
Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semiannual optional redemption dates from February 11, 2028 through August 11, 2040, subject to regulatory approval. Net proceeds are $4,451,267, to be used for general corporate purposes.
Under European bank resolution rules, the notes can be subject to “Resolution Measures,” including write-down to zero, conversion into equity, transfer, amendment or cancellation if Deutsche Bank becomes non‑viable. These bail‑in provisions mean holders can lose some or all of their investment without this constituting an event of default.
Deutsche Bank AG is offering 5.40% fixed rate callable senior debt funding notes due February 27, 2041, issued at 100% of principal in $1,000 denominations. Interest is paid annually each February 27, starting in 2027, using a 30/360 day-count convention.
The bank may redeem the notes at its option at 100% of principal plus accrued interest on semi-annual call dates every February 27 and August 27 from 2028 through 2040, subject to regulatory approval. The notes are unsecured, unsubordinated, not FDIC-insured, and not listed on any exchange.
Holders explicitly accept EU “Resolution Measures,” including write-down or conversion into equity if Deutsche Bank is deemed non-viable. Such measures, or insolvency, can result in losing some or all invested principal, and they do not constitute an event of default under the notes.
Deutsche Bank AG is issuing $23,500,000 of 4.30% Fixed Rate Callable Senior Debt Funding Notes due February 6, 2030 at 100% of principal, with net proceeds of $23,347,500 after $152,500 of selling commissions.
The notes pay 4.30% interest annually each February 6, starting in 2027, and may be redeemed at Deutsche Bank’s option at par plus accrued interest on semiannual call dates from August 6, 2027 through August 6, 2029. These unsecured, unsubordinated "senior preferred" obligations are subject to European bank resolution “bail-in” powers, meaning regulators can write down payments or convert the notes into equity if Deutsche Bank is deemed non‑viable, and such actions would not constitute an event of default.
Investors have limited enforcement rights, no acceleration for payment defaults, no collateral, and no deposit insurance. The notes are not listed on any exchange and are intended for non‑retail investors in Europe and the UK, with proceeds used for general corporate purposes.
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.