By Andrea Heisinger
New York, March 23 - Deutsche Bank AG, London branch sold $1.5 billion of 3.45% five-year notes on Tuesday to yield Treasuries plus 110 basis points, an informed source said.
The notes (Aa3/A+/AA-) priced at 99.827 to yield 3.488%. They are non-callable.
Deutsche Bank Securities was the bookrunner.
The German financial services company is based in Frankfurt.
| Issuer: | Deutsche Bank AG, London branch
|
| Issue: | Notes
|
| Amount: | $1.5 billion
|
| Maturity: | March 30, 2015
|
| Bookrunner: | Deutsche Bank Securities
|
| Coupon: | 3.45%
|
| Price: | 99.827
|
| Yield: | 3.488%
|
| Spread: | Treasuries plus 110 bps
|
| Call: | Non-callable
|
| Trade date: | March 23
|
| Settlement date: | March 30
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: A+
|
| Fitch: AA-
|
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