Deutsche Bank AG (DB) is launching a rights offering. “In the rights offering, you will be able to exercise your rights to subscribe for new shares, at a subscription ratio of 18 rights to 5 new shares (3.6 to 1). If you do not wish to exercise your rights, you can instruct your broker to attempt to sell them on the New York Stock Exchange (NYSE). The subscription rights will trade on the NYSE from June 6, 2014 through June 18, 2014.” Source: Filing
Rights Offering