Ad-Hoc Mitteilungen

Deutsche Pfandbriefbank AG: pbb offers repurchase of unsecured benchmark bond

Deutsche Pfandbriefbank AG / Key word(s): Bond
Deutsche Pfandbriefbank AG: pbb offers repurchase of unsecured benchmark bond

21-May-2019 / 10:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


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

21-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this