Deutsche Bank plans notes linked to basket of 10 financial stocks

By Marisa Wong

Morgantown, W.Va., Aug. 12 – Deutsche Bank AG, London Branch plans to price 0% notes due Aug. 31, 2016 linked to a basket of stocks, according to an FWP filing with the Securities and Exchange Commission.

The basket includes equal weights of the common stocks of Bank of America Corp., Citigroup Inc., Comerica Inc., First Republic Bank, KeyCorp, PNC Financial Services Group, Inc., Regions Financial Corp., SVB Financial Group, U.S. Bancorp and Wells Fargo & Co.

For each $1,000 principal amount of notes, the payout at maturity will be (a) $1,000 multiplied by (b) one plus the basket return multiplied by (c) an adjustment factor of 0.999.

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

The notes will price on Aug. 14 and settle on Aug. 19.

The Cusip number is 25152RM26.

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