OREANDA-NEWS. April 17, 2015. Deutsche Pfandbriefbank AG (pbb) has today resolved to offer to repurchase against cash in a public tender up to a nominal volume of EUR250 million of its unsecured benchmark bond which was issued in September 2012 with an original nominal volume of EUR500 million and later increased with a tap of EUR 250 million (ISIN DE000A1PG3A3) at a price of 100.85 %.

The repurchase offer is only valid outside of the United States of America.

Further information and restrictions on the repurchase will be published in a Tender Offer Memorandum, which can be obtained from Lucid Issuer Services Limited as tender agent in connection with the repurchase and pbb from 16 April 2015.