New Issue: Deutsche Bank prices $410,625 call warrants linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., June 23 – Deutsche Bank AG, London Branch priced $410,625 of call warrants expiring June 22, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notional amount is $1,000 per warrant. The price is $125 per warrant, or 12.5% of the notional amount. The minimum purchase requirement is 80 warrants.

The warrants will be automatically exercised on the expiration date. If the index’s final level is greater than the initial index level, the cash settlement amount will be $1,000 multiplied by the index return. If the final level is less than or equal to the initial level, investors will lose their entire initial investments in the warrants.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	Call warrants
Underlying index:	Euro Stoxx 50
Warrants:	3,285
Notional amount:	$1,000 each, or $3,285,000 total
Price:	$125 each, or $410,625 total
Expiration date:	June 22, 2018
Payout:	If index’s final level is greater than initial index level, $1,000 multiplied by index return; if final level is less than or equal to initial level, nothing
Initial index level:	3,455.80
Pricing date:	June 19
Settlement date:	June 24
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	$6.50 per warrant
Cusip:	25190H802

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