Allen & Overy LLP advised a banking syndicate comprising Deutsche Bank AG, London Branch, Banca IMI S.p.A., Banco Popular Español S.A., ING Bank N.V. and Lloyds Bank plc as joint lead managers and 35 further banks as co-lead managers on a successful EUR 1.5 billion bond issue by Deutsche Bank Aktiengesellschaft.  The bond pays interest at a rate of 1.50 % p.a. and matures on 20 January 2022 (ISIN: DE000DL19TA6).

Inhouse adviser at Deutsche Bank Aktiengesellschaft was Tim Pätzold.

The Allen & Overy team comprised partner Christoph Enderstein, associate Nadine Kämper, paralegal Sven Steinbach (all International Capital Markets, Frankfurt) and senior associate Dr Katharina Stüber (Corporate, Frankfurt).

After having advised various banking syndicates in connection with the issue of benchmark bonds, covered bonds (Pfandbriefe) and subordinated bonds by Deutsche Bank over the course of the last year, the Allen & Overy team now also advised on the first benchmark bond issue by Deutsche Bank in this year.

The Debt Capital Markets team led by Christoph Enderstein advises both investment banks and issuers in connection with domestic and international debt capital markets and structured finance transactions.