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Published on 11/10/2014 in the Prospect News Investment Grade Daily.

New Issue: Deutsche Bank prices $500 million add-on to floaters due 2017 at 100.272

By Aleesia Forni

Virginia Beach, Nov. 10 – Deutsche Bank AG, London branch priced a $500 million tap of its existing floating-rate notes due Feb. 13, 2017 at 100.272, according to a 424B2 filed with the Securities and Exchange Commission.

The notes carry a coupon of Libor plus 61 basis points.

Deutsche Bank Securities Inc. was the bookrunner.

The financial services company is based in Frankfurt.

Issuer:Deutsche Bank AG, London branch
Amount:$500 million
Description:Add-on to floaters due 2017
Maturity:Feb. 13, 2017
Bookrunner:Deutsche Bank Securities Inc.
Coupon:Libor plus 61 bps
Price:100.272
Trade date:Nov. 6
Settlement date:Nov. 12

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