New Issue: Deutsche Bank prices $4.79 million of performance securities linked to Russell 3000

By Angela McDaniels

Tacoma, Wash., Nov. 23 - Deutsche Bank AG, London Branch priced $4.79 million of 0% performance securities with contingent protection due Nov. 25, 2015 linked to the Russell 3000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 118% of any increase in the index. Investors will receive par if the index declines by 50% or less and will receive par plus the index return if it declines by more than 50%.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Performance securities with contingent protection
Underlying index:	Russell 3000
Amount:	$4,785,000
Maturity:	Nov. 25, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 118% of any index gain; par if index declines by 50% or less; par plus index return if index declines by more than 50%
Initial index level:	712.11
Pricing date:	Nov. 19
Settlement date:	Nov. 24
Underwriters:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:	3.5%
Cusip:	25154P865

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