Deutsche Bank Suspends Exchange-Traded Note Issuance Until April
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Deutsche Bank AG is suspending offerings of new shares for 26 exchange-traded notes until it updates financial statements after an April shareholder meeting.
Issuance will end after the close of trading March 29, then is expected to resume after the April 11 meeting, Germany’s biggest lender said in a statement yesterday. The offerings are ceasing after the bank said Feb. 26 it would postpone registering a form called a 20-F with the U.S. Securities and Exchange Commission that’s needed to issue public debt securities. The filing allows foreign companies to offer new debt, including exchange-traded notes and structured notes.