Deutsche Bank to Issue Additional Tier 1 Capital Instruments

Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) has announced its plan to issue securities that qualify as Additional Tier 1 (AT1) capital instruments. The issuance aims to support the bank’s Tier 1 leverage ratio and its Pillar 1 and 2 AT1 requirements. The first call date for these securities is set for October 30, 2029, and they will be of benchmark size.

This issuance is backed by authorization granted during Deutsche Bank’s Annual General Meeting in 2022. The denominations of the securities will be €200,000. Deutsche Bank AG will act as the sole bookrunner for this placement.

The securities have not been registered under the Securities Act of 1933, as amended, and will be issued under "Regulation S" of the Securities Act, meaning they cannot be offered, sold, or delivered within the United States without registration or an applicable exemption.