DEPFA Deutsche Pfandbriefbank AG CHF 100,000,000 3.125 ...

TABLE OF CONTENTS
Responsibility Statement ........................................................................................................................................ 4
General Description of the Programme .................................................................................................................. 6
Summary of the Debt Issuance Programme............................................................................................................ 8
– General Information Relating to the Programme ....................................................................... 8
– Information Relating to DEPFA BANK .................................................................................. 10
– Information Relating to the Pfandbriefbank............................................................................. 12
– Information Relating to the Terms and Conditions of the Instruments.................................... 14
– Information Relating to the Terms and Conditions of Pfandbriefe .......................................... 19
– Information Relating to the Public Offer ................................................................................. 20
– Information Relating to Risk Factors....................................................................................... 20
German Language Translation of Summary......................................................................................................... 22
– Allgemeine Angaben zum Programm...................................................................................... 22
– Angaben zu der DEPFA BANK............................................................................................... 25
– Angaben zu der Pfandbriefbank............................................................................................... 26
– Angaben zu den Emissionsbedingungen für Schuldtitel .......................................................... 28
– Angaben zu den Emissionsbedingungen für Pfandbriefe......................................................... 35
– Angaben zu dem öffentlichen Angebot.................................................................................... 36
– Angaben zu Risikofaktoren...................................................................................................... 36
Risk Factors .......................................................................................................................................................... 38
– Risk Factors Relating to DEPFA BANK ................................................................................. 38
– Risk Factors Relating to the Pfandbriefbank............................................................................ 39
– Risk Factors Relating to the Instruments ................................................................................. 40
Form of the Instruments........................................................................................................................................ 47
Issue Procedures ................................................................................................................................................... 49
Form of the Final Terms....................................................................................................................................... 50
Terms and Conditions of the Instruments............................................................................................................. 72
– Part 1 – Basic Terms ................................................................................................................ 74
– Part 2 – Supplements to the Basic Terms............................................................................... 131
– A. Terms and Conditions of Pfandbriefe in Bearer Form............................... 131
– B. Terms and Conditions of Definitive Notes In Bearer Form....................... 138
Pfandbriefe.......................................................................................................................................................... 153
– Introduction............................................................................................................................ 153
– Rules Applicable to All Types of Pfandbriefe ....................................................................... 153
– Cover Pool for Mortgage Pfandbriefe.................................................................................... 154
– Cover Pool for Public Sector Pfandbriefe .............................................................................. 155
– Cover Pool for Ship Mortgage Pfandbriefe............................................................................ 155
– Insolvency Proceedings..........................................................................................................155
Description of DEPFA BANK plc...................................................................................................................... 157
Description of the Principal Subsidiaries of DEPFA BANK plc........................................................................ 162
Use of Proceeds by DEPFA BANK plc.............................................................................................................. 163
Description of DEPFA Deutsche Pfandbriefbank AG........................................................................................ 164
Use of Proceeds by Depfa Deutsche Pfandbriefbank AG................................................................................... 169
Documents Incorporated by Reference............................................................................................................... 170
Taxation.............................................................................................................................................................. 173
– Germany................................................................................................................................. 173
– Ireland .................................................................................................................................... 175
– Luxembourg........................................................................................................................... 176
– EU Savings Tax Directive...................................................................................................... 178
Subscription and Sale ......................................................................................................................................... 179
Page
2
30