Share
Trust Preferred Securities
Additional Tier 1
| Issuer | Aareal Bank AG |
| Issue Rating | BB (Fitch) |
| ISIN | DE000A1TNDK2 |
| Volume | EUR 300 Mio. |
| Cupon | 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 | Luxemburg |
| Lead Manager | BNPP, DB, HSBC |
