New Issue: Deutsche Bank prices $5.67 million one-year 9.9% securities on Amgen

By Wendy Van Sickle

Columbus, Ohio, March 21 – Deutsche Bank AG, London Branch priced $5.67 million of securities due March 22, 2017 linked to the common stock of Amgen Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The securities will pay a monthly coupon at an annual rate of 9.9%.

The payout at maturity will be par unless the stock finishes below its initial level on the final valuation date and closes below the 70% threshold price on any day during the life of the notes. Otherwise, investors will receive 6.9454 shares per $1,000 principal amount of securities.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Securities
Underlying stock:	Amgen Inc. (Symbol: AMGN)
Amount:	$5,668,000
Maturity date:	March 22, 2017
Coupon:	9.9%, payable monthly
Price:	Par of $1,000
Payout at maturity:	Par unless shares finish below initial level and have closed below 70% threshold on any day during the life of the notes; otherwise, 6.9454 shares per $1,000 principal amount
Initial level:	$143.98
Threshold price:	$100.79, 70% of initial price
Pricing date:	March 17
Settlement date:	March 22
Agent:	Deutsche Bank Securities Inc.
Fees:	2.5%
Cusip:	2515A1N80

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