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Deutsche Bank plans uncapped knock-out notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Oct. 30 - Deutsche Bank AG, London Branch plans to price 0% knock-out notes due Nov. 7, 2018 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.47 times any gain in the index.
If the index finishes at or above the 60% knock-out level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.
The notes will price on Nov. 1 and settle on Nov. 6.
The Cusip number is 25152RFG3.
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