Deutsche Pfandbriefbank AG

Capital/Financing Update • Apr 5, 2018

News Details

Ad-hoc | 5 April 2018 12:10

Deutsche Pfandbriefbank AG: pbb plans to issue Additional Tier 1 capital

Deutsche Pfandbriefbank AG / Key word(s): Issue of Debt

Deutsche Pfandbriefbank AG: pbb plans to issue Additional Tier 1 capital

05-Apr-2018 / 12:10 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.

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pbb plans to issue Additional Tier 1 capital

Munich , 5 April 2018 -Deutsche Pfandbriefbank AG (pbb) plans to issue a perpetual subordinated bond with a total nominal amount of up to EUR300 million. The instrument shall comply with applicable regulatory requirements for AT1 under the EU Capital Requirements Regulation (CRR), thereby qualifying in full as additional tier 1 capital. If pbb’s Common Equity Tier 1 (CET1) ratio falls below a threshold of 7.0%, the bond’s terms and conditions provide for a temporary write-down of the nominal amount. The threshold of 7.0% is based on a consolidated basis in accordance with IFRS – or additionally in accordance with German GAAP on a single-entity basis, should pbb no longer be exempt from determining regulatory ratios on a single-entity basis.

Contact:

Walter Allwicher

Head of Communications

+49 (0) 89 2880 28 787

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05-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	Deutsche Pfandbriefbank AG
	Freisinger Strasse 5
	85716 Unterschleissheim
	Germany
Phone:	+49 (0) 89 2880 28 201
Fax:	+49 (0) 89 2880 22 28 201
E-mail:	info@pfandbriefbank.com
Internet:	http://www.pfandbriefbank.com
ISIN:	DE0008019001, Die internationalen Wertpapierkennnummern (ISIN) weiterer von der Deutsche Pfandbriefbank AG ausgegebener Finanzinstrumente sind abrufbar auf der Website der Deutsche Pfandbriefbank AG unter https://www.pfandbriefbank.com/investoren/pflichtveroeffentlichungen/ad-hoc-mitteilungen/liste-weiterer-finanzinstrumente.html. The International Securities Identification Numbers (ISINs) of further, financial instruments issued by Deutsche Pfandbriefbank AG are available on Deutsche Pfandbriefbank’s Investor Relations website under https://www.pfandbriefbank.com/en/investors/mandatory-publications/ad-hoc-announcements/list-of-further-financial-instruments.html
WKN:	801900
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard), Munich, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover; London, Dublin, Mailand, Paris, Luxemburg, SIX

End of Announcement	DGAP News Service