EANS-News: DVB Bank SE placed second EUR500 million senior unsecured benchmark issue in 2012

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Company Information

Frankfurt am Main (euro adhoc) - DVB tapped the financial market with a
five-year EUR500 million transaction. This was the Bank's second
euro-denominated senior unsecured benchmark issue in 2012, following its
inaugural three-year EUR500 million benchmark transaction in May. 

Wolfgang F. Driese, CEO and Chairman of the DVB's Board of Managing Directors,
commented on this issue as follows:

"This very successful transaction highlights DVB's strong recognition in the
capital markets it further broadens and diversifies our investor base. Our
objective is to build a euro-denominated senior unsecured benchmark curve."

In conjunction with the bank syndicate DVB decided to benefit from the overall
favourable market environment and to issue a no grow benchmark transaction.
Books were opened on Thursday, 23 August 2012 at 09:00 a.m. CET. There was
strong demand from various investors (175 accounts in total) leading to an
oversubscribed, highly granular order book which was closed at 10:15 a.m. CET
with a total volume of above EUR1.2 billion. The final spread was fixed at
mid-swaps +150 basis points and pays an annual fixed coupon of 2.50%. 

Banks and asset managers were the most important investor groups, participating
with 43% and 41% respectively, followed by insurance companies with 13% and
central banks with another 2%. As expected, German investors took the lion's
share with 77% followed by Nordic Countries, Austria and Switzerland with 7%
each. Investors from the Middle East completed the picture. 

Transaction details at a glance: 
ISIN: XS0822316765
Issue size: EUR500 million
Format: senior, unsecured 
Maturity date: 30 August 2017
Value date: 30 August 2012 
Coupon: 2.5% 
Spread: +150 basis points vs. mid-swaps 
Joint bookrunners: DZ BANK AG, LBBW and UniCredit 

Contact for this press release: 
Boris Siegers, Head of Group Treasury: +49 69 9750 4616 -
Elisabeth Winter, Head of Investor Relations: +49 69 9750 4329 -

Note to editors:
DVB Bank SE, headquartered in Frankfurt/Main, Germany, is the leading specialist
in the international Transport Finance business. The Bank offers integrated
financing solutions and advisory services in respect of Shipping Finance,
Aviation Finance, and Land Transport Finance. DVB is present at key
international financial centres and transport hubs: at its Frankfurt/Main head
office, as well as various European locations (Athens, Bergen, Hamburg, London,
Oslo, Rotterdam and Zurich), plus offices in the Americas (New York City and
Curaçao) and in Asia (Singapore and Tokyo). DVB Bank SE is listed at the
Frankfurt Stock Exchange (ISIN: DE0008045501). www.dvbbank.com

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Further inquiry note:
Elisabeth Winter
Head of Investor Relations
Tel: +49 (0)69-97504-329
E-Mail: elisabeth.winter@dvbbank.com

end of announcement                               euro adhoc 

company:     DVB Bank SE
             Platz der Republik 6
             D-60325 Frankfurt am Main
phone:       +49 (0)69 9750-40
FAX:         +49 (0)69 9750-4444
mail:     info@dvbbank.com
WWW:      http://www.dvbbank.com
sector:      Banking
ISIN:        DE0008045501
stockmarkets: free trade: Düsseldorf, Stuttgart, regulated dealing/general
             standard: Frankfurt 
language:   English

Weitere Meldungen: DVB Bank SE

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