Deutsche Bank plans to price six-year Stars linked to index basket

By Susanna Moon

Chicago, Aug. 20 – Deutsche Bank AG, London Branch of 0% Strategic Accelerated Redemption Securities due August 2021 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 33.34% weight, and the Euro Stoxx 50 index and the Nikkei Stock Average index, each with a 33.33% weight.

The notes will be called at par of $10 plus an annual call premium of 6.5% to 8.5% if the basket closes at or above its initial level on any annual observation date. The exact call premium will be set at pricing.

The payout at maturity will be par unless the basket falls by more than 5%, in which case investors will lose 1% for every 1% decline beyond 5%.

BofA Merrill Lynch is the agent.

The notes will price in August and settle in September.

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