Deutsche Pfandbriefbank AG (pbb) today decided to offer to repurchase the unsecured benchmark bond with ISIN DE000A13SWH9 in a public tender up to a nominal volume of EUR 500 million against cash payment at a price of 100.85 %. The bond, which will mature on 27 April 2020, was issued in April 2016 with a nominal volume of EUR 500 million.
 
The repurchase offer only applies outside the United States of America. Further information and restrictions regarding the buyback will be published in a Tender Offer Memorandum. This Memorandum will be available from 21 May 2019 at Lucid Issuer Services Limited (pbb@lucid-is.com) as Tender Agent in connection with this repurchase and from pbb (funding@pfandbriefbank.com).



Contact:
Walter Allwicher
Managing Director, Communications
+49 (0) 89 2880 28 787