PBB Prospect Capital Corporation

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.

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 unterhttps://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 AGare 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

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Deutsche PfandbriefbankWalter AllwicherHead of Communications+49 (0) 89 2880 28 787Walter.Allwicher@pfandbriefbank.com