Deutsche Bank €750 million 4.5% Tier 2 bond issue

Overview:

• Deustche Bank issued a €750 million Tier 2 subordinated bond.
• The notes have a coupon of 4.5% and mature in May 2026. 
• Deutsche Bank's London Branch, Banca IMI, ING Bank, Natixis, and Standard Chartered were joint lead managers.
• Banco Bilbao Vizcaya Argentaria, Banco Popular Español, Banco Santander, Barclays, Bayerische Landesbank, CaixaBank, Commerzbank, Coöperatieve Rabobank, Credit Acricole Corporate and Investment Bank, Credit Suisse Securities, Daiwa Capital Markets Europe, Danske Bank, DekaBank Deutsche Girozentrale, DZ Bank, HSH Nordbank, Landesbank Baden-Württemberg, Landesbank Hessen-Thüringen Girozentrale, Mitsubishi UFJ Securities International, Mizuho International, Nomura International, Norddeutsche Landesbank, Nordea Bank Danmark, OP Corporate Bank, Raiffeisen Bank International, Skandinaviska Enskilda Banken, SMBC Nikko Capital Markets, Société Générale, Swedbank, The Royal Bank of Scotland, UBS, and UniCredit Bank were co-lead managers. 
• Deutsche Bank was advised by its in-house team on the transaction. 

Ben Naylor - Regional editor