Deutsche Bank plans autocallable securities linked to Euro Stoxx Banks

By Angela McDaniels

Tacoma, Wash., June 2 – Deutsche Bank AG, London Branch plans to price 0% autocallable securities due June 12, 2020 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be redeemed at par plus a call return of 10.5% per year if the index closes at or above its initial level on either annual observation date.

If the notes are not called and the final index level is greater than or equal to the trigger level, 70% of the initial index level, the payout at maturity will be par plus 31.5%. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Deutsche Bank Securities Inc. is the agent.

The notes will price June 5.

The Cusip number is 25155MBN0.

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