New Issue: Deutsche Bank prices $525,000 one-year notes linked to JPX-Nikkei 400

By Toni Weeks

San Luis Obispo, Calif., Aug. 26 – Deutsche Bank AG, London Branch priced $525,000 of 0% notes due Sept. 10, 2015 linked to the JPX-Nikkei Index 400, according to a 424B2 filing with the Securities and Exchange Commission.

For each $1,000 principal amount of notes, the payout at maturity will be 99.1% of the sum of (a) $1,000 plus the product of (b) $1,000 times the index return. If the index return is less than about 0.908%, investors will receive less than par.

The final index level will be the average of the index’s closing levels on the five trading days ending Sept. 4, 2015.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	Notes
Underlying index:	JPX-Nikkei Index 400
Amount:	$525,000
Maturity:	Sept. 10, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	99.1% of the sum of (a) $1,000 plus the product of (b) $1,000 times the index return
Initial index level:	11,710.49
Final index level:	Average of index’s closing level on each of the five trading days ending Sept. 4, 2015
Pricing date:	Aug. 22
Settlement date:	Aug. 27
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	0.75%
Cusip:	25152RPF4

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.