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

By Angela McDaniels

Tacoma, Wash., Aug. 13 – Deutsche Bank AG, London Branch plans to price call warrants expiring Aug. 18, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notional amount is $1,000 per warrant. The issue price will be $35.20 per warrant, or 3.52% of the notional amount. The minimum initial investment is 284 warrants.

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 lesser of the index return and 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 8% cap means the maximum payment at expiration is $80.00 per warrant.

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

The warrants are expected to price Aug. 15 and settle Aug. 20.

The Cusip number is 25155V242.

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