The U-boat was laid down on 20 January 1940 at the Schichau-Werke yard, Danzig, launched on 15 March 1941, and commissioned on 21 June 1941, Kapitänleutnant Wolfgang Heyda commanding. U-434 sailed from Kristiansand, Norway on 2 November 1941, on her first and only war patrol. On 18 December, U-434 was sunk in the North Atlantic north of Madeira, Portugal, in position 36.15N, 15.48W. The U-boat was forced to the surface by depth charges from the British escort destroyer HMS Blankney and the destroyer HMS Stanley. There were 2 dead and 42 survivors.
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