Deutsche Bank talks five-year notes in two parts for Monday pricing

By Aleesia Forni

Virginia Beach, Aug. 17 – Deutsche Bank AG is planning to price a benchmark offering of five-year notes (A3/BBB+) in fixed- and floating-rate tranches on Monday, according to an informed source.

The fixed-rate notes are talked in the mid-150 basis points area over Treasuries, and the floaters are talked at the Libor equivalent.

Deutsche Bank Securities Inc. is the bookrunner.

The bank is based in Frankfurt.

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