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Published on 1/5/2016 in the Prospect News Structured Products Daily.

Deutsche Bank plans to price call warrants linked to JPX-Nikkei 400

By Angela McDaniels

Tacoma, Wash., Jan. 5 – Deutsche Bank AG, London Branch plans to price call warrants expiring Jan. 11, 2019 linked to the JPX-Nikkei Index 400, according to an FWP filing with the Securities and Exchange Commission.

The notional amount is $1,000 per warrant. The price will be $138 per warrant, or 13.8% of the notional amount. The minimum purchase requirement is 73 warrants.

The warrants will be automatically exercised on the expiration date. If the index’s final level is greater than the initial index level, the cash settlement amount will be $1,000 multiplied by the index return. If the final level is less than or equal to the initial level, investors will lose their entire initial investments in the warrants.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

The warrants will price Jan. 8.

The Cusip number is 25190F574.


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