By Angela McDaniels
Tacoma, Wash., Jan. 15 - Deutsche Bank AG, London Branch priced $22.3 million of 0% notes due Jan. 29, 2014 linked to the MSCI Daily Total Return Net World USD index, according to a 424B2 filing with the Securities and Exchange Commission.
J.P. Morgan Securities LLC is the agent.
The index is designed to measure the performance in dollar values of large and mid-cap equity securities from developed equity markets.
The payout at maturity will be par plus the index return, which could be positive or negative.
The index return will be (a) (i) the final index level multiplied by 1.0057 divided by (ii) the initial index level minus (b) one. Because of the 1.0057 adjustment factor, investors will lose some of their principal if the final index level is less than the initial level by an amount greater than 0.57%.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Notes
|
| Underlying index: | MSCI Daily Total Return Net World USD index
|
| Amount: | $22.3 million
|
| Maturity: | Jan. 29, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus index return, which could be positive or negative; final index level will be multiplied by 1.0057 adjustment factor
|
| Initial index level: | 3,531.07
|
| Pricing date: | Jan. 11
|
| Settlement date: | Jan. 16
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 25152RBC6
|
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