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Published on 11/25/2013 in the Prospect News Structured Products Daily.

New Issue: Deutsche prices $1.66 million trigger performance securities tied to index basket

By Jennifer Chiou

New York, Nov. 25 - Deutsche Bank AG, London Branch priced $1,656,000 of 0% trigger performance securities due Nov. 28, 2018 linked to the S&P 500 index with a 30% weight, the Euro Stoxx 50 index with a 30% weight and the MSCI Emerging Markets index with a 40% weight, according to a 424B2 with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par of $10 plus 120.5% of the return.

Investors will receive par if the index falls by 50% or less and will be fully exposed to losses from the initial level if it falls by more than 50%.

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

Issuer:Deutsche Bank AG, London Branch
Issue:Trigger performance securities
Underlying indexes:S&P 500 (30% weight), Euro Stoxx 50 (30% weight) and MSCI Emerging Markets index (40% weight)
Amount:$1,656,000
Maturity:Nov. 28, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 120.5% of any basket gain; par if basket falls by 50% or less; full exposure to losses if basket finishes below trigger level
Trigger level:50% of initial level
Pricing date:Nov. 21
Settlement date:Nov. 26
Agents:UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:None
Cusip:25155G849

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