New Issue: Deutsche Bank prices $1.96 million return optimization securities tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Dec. 1 – Deutsche Bank AG, London Branch priced $1.96 million of 0% return optimization securities due Dec. 31, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 3 times the index return, subject to a maximum return of 16%.

Investors will be fully exposed to any losses.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	Return optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$1,956,960
Maturity:	Dec. 31, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any gain, capped at 16%; exposure to any losses
Initial level:	3,226.15
Pricing date:	Nov. 25
Settlement date:	Nov. 28
Agents:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:	2%
Cusip:	25190A799

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