1 Min Read
FRANKFURT, March 19 (Reuters) - Deutsche Bank issued 687.5 million new shares as part of an 8 billion euro ($8.59 billion) capital increase, the company said on Sunday.
Deutsche Bank said the subscription price for new shares would be 11.65 euros per share, with the subscription ratio set at 2:1.
The subscription period will run from March 21 through to April 6 and the new shares will have same dividend entitlement as existing shares, the company said.
$1 = 0.9310 euros Reporting by Edward Taylor; editing by Jason Neely