By Marisa Wong
Morgantown, W.Va., Aug. 3 – Deutsche Bank AG, London Branch priced $4.7 million of 0% capped buffered underlying securities due May 31, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 125% of any index gain, subject to a maximum return of 17.5%.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped buffered underlying securities
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Underlying index: | S&P 500
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Amount: | $4.7 million
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Maturity: | May 31, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 125% of any index gain, capped at 17.5%; par if index declines by 20% or less; 1.25% loss per 1% drop beyond 20%
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Initial level: | 2,477.13
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Pricing date: | July 26
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Settlement date: | July 31
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Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 25155MCR0
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