New Issue: Deutsche Bank prices $5.25 million leveraged buffered notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Oct. 1 – Deutsche Bank AG, London Branch priced $5.25 million of 0% capped leveraged buffered notes due March 29, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum payment of $1,181.50 per $1,000 principal amount.

Investors will receive par if the index falls by up to 7.5% and will lose 1.08108% for every 1% decline beyond 7.5%.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Capped leveraged buffered notes
Underlying index:	S&P 500
Amount:	$5,245,000
Maturity:	March 29, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 18.15%; par if index declines by 7.5% or less; 1.08108% loss for every 1% drop beyond 7.5%
Initial level:	1,932.24
Pricing date:	Sept. 24
Settlement date:	Oct. 1
Agent:	Deutsche Bank Securities Inc.
Fees:	1.33%
Cusip:	25152RQ89

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