Deutsche Bank plans knock-out notes on iShares MSCI EAFE, Euro Stoxx

By Marisa Wong

Madison, Wis., March 27 - Deutsche Bank AG, London Branch plans to price 0% securities due Oct. 2, 2014 linked to the lesser performing of the iShares MSCI EAFE index fund and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

A knock-out event occurs if either underlying closes below its threshold level, 75% of the initial level, on any day during the life of the notes.

If a knock-out event never occurs and the return of the lesser performing underlying is zero or positive, the payout at maturity will be par plus 200% of the return of the lesser performing component, subject to a maximum return of 30% to 52%.

If a knock-out event never occurs and the return of the lesser performing underlying is negative, the payout will be par plus the absolute value of that return.

If a knock-out event occurs and the return of the lesser performing underlying is zero or positive, the payout will be par plus that return, subject to a cap of 15% to 26%.

Otherwise, investors will lose 1% for every 1% decline of the lesser performing index or fund beyond 1%.

Deutsche Bank Securities Inc. is the agent.

The notes are expected to price March 28 and settle April 3.

The Cusip number is 25152RCG6.

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