Deutsche Bank AG is offering 5.45% fixed-rate callable senior debt funding notes due July 30, 2045. The notes pay interest at 5.45% per annum, calculated on a 30/360 basis and paid annually each January 30 starting in 2027, with a final payment on maturity unless the notes are redeemed earlier.
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 every January 30 and July 30 from January 30, 2029 through January 30, 2045. The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits and other higher-ranking liabilities.
Investors explicitly consent to potential Resolution Measures under EU and German bank resolution law, including write-down of payments to zero or conversion into equity if Deutsche Bank becomes non-viable, without constituting an event of default. Holders have limited enforcement and no acceleration rights for payment defaults, and the notes will not be listed on any securities exchange. Net proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 5.75% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2051. The notes pay fixed interest of 5.75% per year, calculated on a 30/360 basis and paid annually each January 30, starting on January 30, 2027, until maturity or earlier redemption.
The notes are issued at 100% of principal with a minimum denomination of $1,000. For each $1,000 note, the price to the public is $1,000.00, dealer discounts and commissions are $50.00, and proceeds to Deutsche Bank are $950.00. Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semiannual optional redemption dates every January 30 and July 30 from January 30, 2028 through July 30, 2050, subject to regulatory approval.
The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of the bank’s senior non-preferred debt but behind certain deposits and other higher-ranking liabilities. They are not insured by the FDIC or any government agency and will not be listed on any securities exchange. Under European bank resolution rules, the notes are subject to "Resolution Measures" or bail-in, meaning a resolution authority can write down payments, convert the notes into equity, transfer or amend them, or cancel them entirely. Investors have limited events of default and no right to accelerate the notes for payment defaults, and payment failures resulting from a Resolution Measure will not constitute a default. The notes are intended to qualify as eligible liabilities under EU capital rules, and proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 5.10% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2036. Each note has a $1,000 principal amount, priced at 100% of face value, with interest of 5.10% per year paid annually each January 30, starting in 2027. The bank may redeem the notes early at 100% of principal plus accrued interest on semiannual call dates from January 30, 2030 through July 30, 2035.
For each $1,000 note, Deutsche Bank expects to receive $960 in proceeds after paying $40 in discounts and commissions, to be used for general corporate purposes. The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non-preferred debt but behind certain deposits and other very senior liabilities in insolvency.
These notes carry significant regulatory resolution risk. Investors are deemed to consent to potential “Resolution Measures”, including write-down of payments to zero, conversion into equity, transfer, amendment or cancellation if the bank is considered non-viable. Such actions are not events of default, there is no payment-default acceleration right, and investors may lose some or all of their investment. The notes are not insured by the FDIC, are not listed on any exchange, and are not intended for retail investors in the EEA or UK.
Deutsche Bank AG is offering 5.00% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2034. The notes pay interest annually in arrears at a fixed 5.00% per annum, calculated on an unadjusted 30/360 day count basis, in minimum denominations of $1,000.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at 100% of principal plus accrued interest on semi-annual optional redemption dates from January 30, 2027 through July 30, 2033. The notes are unsecured, unsubordinated “senior preferred” obligations, not insured by the FDIC or any government agency, and will not be listed on any securities exchange.
The notes are expressly subject to European bank Resolution Measures, including bail-in powers that can write down payments to zero, convert the notes into equity, transfer or amend them, without constituting an event of default. Holders waive certain rights against the trustee and have no right of acceleration for payment or covenant defaults, and may lose some or all of their investment if insolvency or Resolution Measures occur. Net proceeds are for general corporate purposes, and distribution involves conflicts of interest as the selling agent DBSI is an affiliate.
Deutsche Bank AG is offering 4.60% Fixed Rate Callable Senior Debt Funding Notes due July 30, 2032. The notes are issued at 100% of principal, in $1,000 denominations, and pay interest at 4.60% per annum on January 30 of each year, starting January 30, 2027, using a 30/360 day count convention. Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on January 30 and July 30 each year from January 30, 2027 through January 30, 2032, subject to regulatory approval.
The notes are unsecured, unsubordinated "senior preferred" obligations and are not insured by any government agency. They are subject to European bank resolution rules: a competent resolution authority may apply a Resolution Measure, including writing down payments (potentially to zero), converting the notes into equity of Deutsche Bank or another entity, or transferring, amending, or cancelling the notes. Such actions would not constitute an event of default, and holders have no acceleration rights for payment defaults. In insolvency or resolution, the notes bear losses after senior non-preferred instruments but before certain deposits, so investors may lose some or all of their investment. Net proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 4.55% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2031. The notes pay interest at 4.55% per annum, calculated on a 30/360 basis and paid annually each January 30, starting in 2027. The notes are issued at 100% of principal in minimum denominations of $1,000 and are unsecured, unsubordinated "senior preferred" obligations.
Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest, in whole but not in part, on semiannual optional redemption dates each January 30 and July 30 from 2027 through July 30, 2030, subject to regulatory approval. The notes are not listed on any securities exchange and are intended to qualify as eligible liabilities instruments under EU capital rules.
Holders explicitly consent to potential Resolution Measures under EU bank resolution law, including write-down (possibly to zero), conversion into equity or other changes to the terms, which would not constitute an event of default. Events of default are limited to the opening of German insolvency proceedings, and there is no right to accelerate for payment or covenant defaults. The notes are not insured by any governmental agency, and net proceeds are for general corporate purposes.
Deutsche Bank AG is issuing $5,000,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due January 12, 2036. The notes pay interest of 5.25% per year, calculated on a 30/360 basis and paid semi-annually each January 12 and July 12, starting July 12, 2026.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at par plus accrued interest on any January 12 or July 12 from January 12, 2027 through July 12, 2035. The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non-preferred debt but behind certain deposits and highly protected liabilities.
Investors explicitly consent to potential “Resolution Measures”, including write-down of payments or conversion into equity if the bank is deemed non-viable, which can result in partial or total loss. Events of default and acceleration rights are very limited. The notes are not FDIC-insured. Net proceeds of about $4,975,000 will be used for general corporate purposes.
Deutsche Bank AG is offering $7,224,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due January 9, 2051. The notes are issued at 100% of their $1,000 principal amount, pay fixed interest of 5.50% per annum once a year each January 9 starting in 2027, and are not listed on any exchange.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at par plus accrued interest on semi-annual optional redemption dates every January 9 and July 9 from January 9, 2030 through July 9, 2050. The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non-preferred debt but behind certain deposits and other higher-ranking liabilities.
Investors explicitly consent to potential regulatory “Resolution Measures,” including write-down of payments to zero, conversion into equity, transfer, amendment or cancellation of the notes. Such actions would not constitute an event of default, and holders have limited acceleration and enforcement rights. The notes are not bank deposits and are not insured by the FDIC or any government agency. Net proceeds of about $7.03 million will be used for general corporate purposes.
Deutsche Bank AG is issuing $17,100,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due July 9, 2035. The notes pay 5.00% interest per year, with payments made annually each January 9 starting in 2027, and a final payment on July 9, 2035, unless redeemed earlier.
Deutsche Bank may redeem the notes at 100% of principal plus accrued interest on semiannual call dates each January 9 and July 9 from July 9, 2027 through January 9, 2035, subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits and similar liabilities in an insolvency or resolution.
Investors are expressly subject to European “Resolution Measures,” which allow regulators to write down payments on the notes, convert them into equity or transfer or amend them; such actions would not constitute a default, and investors could lose some or all of their investment. The notes are not insured by the FDIC or any government agency. They are offered at $1,000 per note, with $22.50 per note in selling concessions, resulting in net proceeds of $16,721,000 to Deutsche Bank for general corporate purposes.
Deutsche Bank AG is issuing $4,000,000 of 4.30% Fixed Rate Callable Senior Debt Funding Notes due January 9, 2031. The notes pay fixed interest of 4.30% per year, calculated on a 30/360 basis and paid annually each January 9, starting January 9, 2027, until maturity or earlier redemption.
Deutsche Bank can, in its sole discretion and subject to regulatory approval, redeem the notes in whole at 100% of principal plus accrued interest on any January 9 or July 9 from January 9, 2027 through July 9, 2030. The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits and other higher-ranking liabilities in insolvency or resolution.
Investors expressly agree that the notes may be subject to European "Resolution Measures," including write-down to zero, conversion into equity, transfer, amendment or cancellation, without this constituting a default, meaning holders could lose some or all of their investment. There is no right of acceleration for payment defaults, and the notes are not insured by the FDIC or any government agency. Net proceeds of approximately $3,952,000 (after $48,000 in discounts and commissions) will be used for general corporate purposes.