DZ BANK Capital Funding Trust III: Inside Information
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DGAP-Ad-hoc: DZ BANK Capital Funding Trust III / Key word(s): Bond/Miscellaneous Ad-hoc-Announcement Pursuant to Art. 17 MAR Expected redemption of 350,000 non-cumulative Trust Preferred Securities of DZ BANK Capital Funding Trust III, Wilmington, Delaware, United States of America, on March 8, 2021 ISIN: DE000A0DZTE1 Today, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main notified DZ BANK Capital Funding Trust III that it intends to (i) initiate the redemption of the Class B Preferred Securities, which were issued by DZ BANK Capital Funding LLC III in connection with the issuance of the Trust Preferred Securities and which are held by the Property Trust for DZ BANK Capital Funding Trust III, with effect of March 8, 2021 and (ii) call the Debt Securities which were issued by it in connection with the issuance of the Trust Preferred Securities and which are held by DZ BANK Capital Funding LLC III, for redemption with effect of March 8, 2021. The intended redemption of the Class B Preferred Securities, subject to receipt of the redemption price in full for the Class B Preferred Securities by the Property Trustee, would result in a redemption of the 350,000 non-cumulative Trust Preferred Securities, issued by DZ BANK Capital Funding Trust III and having an aggregate liquidation preference amount of EUR 350,000,000, on March 8, 2021 at their liquidation preference amount of EUR 1,000 per Trust Preferred Security plus any accrued and unpaid Trust Capital Payments to (but excluding) the redemption date. The redemption notices have not yet been given and will be announced at the relevant time. DZ BANK Capital Funding Trust III For further questions, please contact: Markus Stachel
12-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | DZ BANK Capital Funding Trust III |
| 100 Park Avenue, Floor 13 | |
| 10017 New York | |
| United States | |
| Phone: | 069-7447-1005 |
| Fax: | 069-7447-2826 |
| E-mail: | info@dzbank.de |
| Internet: | www.dzbank.de |
| ISIN: | DE000A0DZTE1 |
| WKN: | A0DZTE |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1159424 |
| End of Announcement | DGAP News Service |
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1159424 12-Jan-2021 CET/CEST
