Deutsche Bank plans Accelerated Return Notes linked to airline stocks

By Angela McDaniels

Tacoma, Wash., Nov. 30 – Deutsche Bank AG, London Branch plans to price 0% Accelerated Return Notes due February 2017 linked to a basket of airline stocks, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the common stocks of American Airlines Group Inc., Southwest Airlines Co. and United Continental Holdings, Inc. with weights of 33.33%, 33.33% and 33.34%, respectively.

The payout at maturity will be par of $10 plus 300% of any basket gain, subject to a maximum return that is expected to be 20% to 24% and will be set at pricing. Investors will be exposed to any basket decline.

BofA Merrill Lynch is the agent.

The notes will price and settle in December.

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