Deutsche Bank plans three-year call warrants linked to Euro Stoxx 50

By Susanna Moon

Chicago, Dec. 11 – Deutsche Bank AG, London Branch plans to price call warrants expiring Dec. 15, 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 $113 per warrant, or 11.3% of the notional amount. The minimum initial investment is 89 warrants.

The warrants will be automatically exercised on the expiration date. If the index finishes above the initial index level, the payout will be $1,000 multiplied by the index return. Otherwise, the warrants will expire worthless and investors will lose their entire investments in the warrants.

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

The warrants will price on Dec. 12 and settle on Dec. 17.

The Cusip number is 25190A641.

© 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.