New York, July 17 – Deutsche Bank AG, London Branch priced $6 million 0% Leveraged Index Return Notes due July 29, 2022 linked to the Bloomberg ExEnergy Subindex Excess Return index, according to a 424B2 filed with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 174% of any index gain or par minus 1% for each 1% decline.
The index includes all the futures contracts included in the Bloomberg Commodity index with the exception of the energy group, which is made up of crude oil (WTI and Brent), ULS diesel, natural gas and unleaded gasoline.
BofA Merrill Lynch is the agent.
| Issuer: | Deutsche Bank AG, London Branch
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| Issue: | Leveraged Index Return Notes
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| Underlying index: | Bloomberg ExEnergy Subindex Excess Return index
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| Amount: | $6 million
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| Maturity: | July 29, 2022
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 174% of any index gain; 1% loss for every 1% decline
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| Initial level: | 90.72669
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| Pricing date: | July 12
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| Settlement date: | July 18
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| Agent: | BofA Merrill Lynch
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| Fees: | 0.6%
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| Cusip: | 25156D142
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