Allen & Overy LLP has advised three banking syndicates in connection with the successful issue of two benchmark bonds and one foreign currency bond with a total nominal amount of over EUR 2.8 billion by Deutsche Bank Aktiengesellschaft.

The two benchmark bonds have a nominal amount of EUR 1.25 billion each, bear interest at 0.375% and 1.75%, respectively, and mature on 18 January 2021 (ISIN: DE000DL19T18) and on 17 January 2028 (ISIN: DE000DL19T26), respectively. Deutsche Bank AG, London Branch, acted as lead manager for both issues. The banking consortium also included twelve other international banks acting as senior co-lead managers and co-lead managers.

The foreign currency bond, which has a nominal amount of GBP 300 million and bears interest at 1.75%, matures on 16 December 2021 (ISIN: XS1751321719). Deutsche Bank AG, London Branch, also acted as lead manager for this bond. The banking consortium also included four other international banks acting as senior co-lead managers.
Deutsche Bank Aktiengesellschaft was advised in-house by Dr. Matthias Geyer.

The Allen & Overy team comprised partner Christoph Enderstein, senior associate  Dr. Ivan Zlatanov and associate Sang-Woon Lee  (all International Capital Markets, Frankfurt).

Having already advised various banking syndicates in connection with numerous benchmark bonds, covered bonds (Pfandbriefe) and subordinated bonds issued by Deutsche Bank in recent years, the Allen & Overy team has now also advised on the first benchmark bond issue by Deutsche Bank this year.

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