Deutsche Bank’s $500 Million Notes Offering

Davis Polk advised the active book runners and senior co-managers in the offering.

Deutsche Bank AG announced its SEC-registered offering of $500 million aggregate principal amount of fixed-rate senior debt funding notes due 2025. The notes will bear interest at a rate of 4.162% per year.

Deutsche Bank Securities Inc., Academy Securities, Inc., Loop Capital Markets LLC, R. Seelaus & Co., LLC, CastleOak Securities, L.P., Bancroft Capital LLC, Cabrera Capital Markets LLC, AmeriVet Securities, Inc., Roberts & Ryan Investments, Inc., Blaylock Van, LLC, MFR Securities, Inc., Siebert Williams Shank & Co., LLC, Samuel A. Ramirez & Company, Inc. and Mischler Financial Group, Inc. acted as managers for the offering.

Headquartered in Frankfurt am Main, Germany, Deutsche Bank AG is the largest bank in Germany and one of the largest financial institutions in Europe and the world, comprising banks, capital market, funds management, property finance, installment financing and research and consultancy companies. As of December 31, 2021, it had total assets of approximately €1,325 billion and employed approximately 82,969 people.

The Davis Polk corporate team included partner Yan Zhang (Picture) and counsel Michael J. Russo. The tax team included partner Michael Farber and associates Minjun Kook and Michael Mirabella. 

Involved fees earner: Michael Farber – Davis Polk & Wardwell; Minjun Kook – Davis Polk & Wardwell; Michael Mirabella – Davis Polk & Wardwell; Michael Russo – Davis Polk & Wardwell; Yan Zhang – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Academy Securities; AmeriVet Securities; Bancroft Capital; Blaylock Van, LLC; Cabrera Capital Markets; CastleOak Securities; Deutsche Bank Securities; Loop Capital Markets; MFR Securities, Inc.; Mischler Financial Group; R. Seelaus & Co.; Roberts & Ryan Investments, Inc.; Samuel A. Ramirez & Co.; Siebert Williams Shank & Co. LLC;