By Marisa Wong
Madison, Wis., June 22 - Deutsche Bank AG, London Branch priced $1.5 million of 0% tracker notes due June 25, 2014 linked to the iShares MSCI Emerging Markets index fund and the Deutsche Bank Equity Mean Reversion Alpha Index Emerging Markets (Emerald EM), according to a 424B2 filing with the Securities and Exchange Commission.
The basket level on any day equals 100 plus the return of the fund plus double the return of the Emerald EM index. The return of the Emerald EM index will be reduced by an adjustment factor of 1% per year.
The payout at maturity will be par plus the basket return, which could be positive or negative.
The notes will be called at par plus the basket return if the basket level falls below 40.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Tracker notes
|
| Underlying components: | iShares MSCI Emerging Markets index fund, Deutsche Bank Equity Mean Reversion Alpha Index Emerging Markets (Emerald EM)
|
| Amount: | $1.5 million
|
| Maturity: | June 25, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus basket return
|
| Call: | At par plus basket return if basket falls below 40
|
| Initial levels: | $45.73 for index fund, 213.22 for index
|
| Pricing date: | June 20
|
| Settlement date: | June 23
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | None
|
| Cusip: | 2515A17T2
|
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