New Issue: Deutsche Bank prices $1.71 million three-year call warrants linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Nov. 25 - Deutsche Bank AG, London Branch priced $1.71 million call warrants expiring Nov. 25, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Barclays is the agent.

The notional amount is $1,000 per warrant. The issue price per warrant will be $112.90, 11.29% of the notional amount.

The warrants will be automatically exercised on the expiration date. If the index's final level is greater than the initial level, the cash settlement amount will be $1,000 multiplied by the index return. If the index's final level is less than or equal to the initial level, investors will get nothing.

In order for investors to receive a positive return on their investments, the index's final level must be greater than the initial level by a percentage greater than the warrant premium.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Call warrants
Underlying index:	Euro Stoxx 50
Amount:	$1,708,289.90
Expiration date:	Nov. 25, 2016
Notional amount:	$1,000
Issue price:	$112.90, 11.29% of notional amount
Payout at expiration:	If final index level is greater than initial index level, $1,000 multiplied by index return; if final index level is less than or equal to initial index level, zero
Initial index level:	3,044.34
Pricing date:	Nov. 21
Settlement date:	Nov. 25
Underwriter:	Barclays
Fees:	$8.40 per warrant
Cusip:	25155G815

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