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Deutsche Bank to price leveraged notes linked to Bloomberg ExEnergy
New York, July 12 – Deutsche Bank AG, London Branch plans to price 0% Leveraged Index Return Notes due July 2022 linked to the Bloomberg ExEnergy Subindex Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 155% to 175% of the index return. The exact participation rate will be set at pricing.
If the index return is negative, investors will be fully exposed to the decline.
Merrill Lynch & Co. is the agent.
The notes are expected to price and settle in July.
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