Deutsche Bank plans to price knock-out notes linked Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 30 – Deutsche Bank AG, London Branch plans to price 0% knock-out notes due April 12, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

A knock-out event will occur if the final index level is less than the knock-out level, 84.5% of the initial index level.

If the final level is greater than or equal to the initial level, the payout at maturity will be par plus the index return. If the final level is less than the initial level but a knock-out event has not occurred, the payout will be par. If a knock-out level has occurred, investors will be fully exposed to the index’s decline.

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

The notes are expected to price Oct. 2 and settle Oct. 7.

The Cusip number is 25152RS38.

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