Deutsche Bank to price call warrants linked to MDAX (Total Return)

By Tali Rackner

Norfolk, Va., Jan. 27 – Deutsche Bank AG, London Branch plans to price call warrants expiring Feb. 1, 2019 linked to the MDAX index (Total Return), according to a 424B2 filing with the Securities and Exchange Commission.

The notional amount is $1,000 per warrant. The price will be $177.10 per warrant, or 17.71% of the notional amount. The minimum purchase requirement is 57 warrants.

The warrants will be automatically exercised on the expiration date. If the index’s final level is greater than the initial index level, the cash settlement amount will be $1,000 multiplied by the index strike return.

If the final level is less than or equal to the initial level, investors will lose their entire initial investments in the warrants.

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

The notes will price on Jan. 29 and settle Feb. 3.

The Cusip number is 25190F616.

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