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Trust Preferred Securities
Additional Tier 1 - ISIN DE000A1TNDK2
| Issuer | Aareal Bank AG |
|---|---|
| Issue Rating | BB- (Fitch) |
| ISIN | DE000A1TNDK2 |
| Volume | EUR 300 Mio. |
| Coupon | 7.625% per annum until the First Call Date (30.4.2020), payable annually in arrears on 30 April. Reset at First Call Date and annually thereafter at the relevant 1-year mid swap rate plus the Initial Credit Spread of 7.18% (no step-up) |
| Day count fraction | act/act (ICMA) |
| Value Date | 20.11.2014 |
| Maturity | perpetual |
| Optional Redemption | On 30 April 2020 and every reset date thereafter (subject to any previous write down having been fully written up, unless investor consent to redemption at the written down amount) |
| Denomination | EUR 200.000 |
| Listing | Luxembourg |
| Lead Manager | BNPP, DB, HSBC |
Additional Tier 1 - ISIN XS2971584813
| Issuer | Aareal Bank AG |
|---|---|
| Issue Rating | BB- (Fitch) |
| ISIN | XS2971584813 |
| Volume | USD 425 Mio. |
| Coupon | Initially from and including the Interest Commencement Date to but excluding the First Reset Date, a fixed rate of 9.875% per cent. per annum (payable annually). Thereafter, unless previously redeemed or purchased and cancelled, the applicable Rate of Interest will be reset on each Reset Date at the sum of the 5-year CMT Rate and the Initial Credit Spread, such sum converted from a semi-annual basis to an annual basis in accordance with market convention (payable annually). |
| Day count fraction | 30/360 (ISMA) |
| Value Date | 22.01.2025 |
| Maturity | perpetual |
| Right of Termination | for the first time on 31 July 2030, thereafter annually |
| Denomination | USD 200,000 |
| Listing | Luxembourg |
| Lead Manager | BofA Securities Europe SA, Citigroup Global Markets Europe AG, Goldman Sachs Bank Europe SE, Morgan Stanley Europe SE (B&D), UBS AG London Branch |
