Deutsche Bank plans autocallable notes tied to S&P 500, Euro Stoxx 50

By Susanna Moon

Chicago, March 7 - Deutsche Bank AG, London Branch plans to price 0% autocallable securities due March 30, 2017 linked to the lesser performing of the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of 12.5% if each underlying index closes at or above its initial level on any annual review date.

The payout at maturity will be par unless either index finishes below the 80% knock-in level, in which case the payout will be par plus the return of the worst performing index.

Deutsche Bank Securities Inc. is the agent.

The notes will price on March 26 and settle on March 31.

The Cusip number is 25152RJE4.

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