Deutsche Bank announced plans to issue new benchmark-sized securities qualifying as Additional Tier 1 (AT1) capital. The issuance aims to strengthen the bank's Tier 1 leverage ratio. This measure will also bolster Tier 1 and Total Capital solvency ratios.
The new AT1 instruments feature a first call date of October 30, 2035. Each security will be issued with a denomination of €200,000.
The bank is conducting this capital measure under authorization from the 2025 Annual General Meeting. This placement excludes shareholders' pre-emptive rights. Deutsche Bank AG is acting as the sole bookrunner for the transaction.