Deutsche to price autocallable securities due 2015 tied to Russell 2000

By Jennifer Chiou

New York, Sept. 6 - Deutsche Bank AG, London Branch plans to price 0% autocallable securities due Sept. 30, 2015 linked to the Russell 2000 index, according to an FWP with the Securities and Exchange Commission.

The notes will be called at par plus an annualized return of 12% to 15% if the index closes at or above the initial index level on Oct. 1, 2013, Sept. 25, 2014 or Sept. 25, 2015. The exact call price will be determined at pricing.

If the notes are not called and the final index level is at least 70% of the initial level, the payout at maturity will be par. If the final level is less than 70% of the initial level, investors will be exposed to the decline from the initial index level to the final index level.

The notes (Cusip: 2515A1LQ2) are expected to price on Sept. 25 and settle on Sept. 28.

Deutsche Bank Securities Inc. is the agent.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.