Deutsche Bank has raised $1 billion in a sale of notes, The Wall Street Journal reports. The German bank intends to use the proceeds for general corporate purposes, which could include the repayment of outstanding debt securities.

Deutsche Bank was the sole bookrunning manager for the deal, adds Reuters. The notes carry a coupon rate of 3.250%, and are due to mature on Jan. 11, 2016. Click here for the story from The Wall Street Journal.

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