Deutsche to price capped call warrants linked to Euro Stoxx 50 index

By Jennifer Chiou

New York, July 31 – Deutsche Bank AG, London Branch plans to price call warrants expiring Aug. 4, 2017 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The notional amount will be $1,000 per warrant. The issue price will be $35.90 per warrant, or 3.59% of the notional amount.

The warrants will be automatically exercised on the expiration date. If the final index level is greater than the initial index level, the payout will be $1,000 multiplied by the index return, capped at 8%.

If the final index level is less than or equal to the initial level, the warrants will expire worthless and investors will lose their entire investments in the warrants.

The warrants (Cusip: 25155V341) are expected to price on Aug. 1 and settle on Aug. 6.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.

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