By Jennifer Chiou
New York, July 23 – Deutsche Bank AG, London Branch priced $2,441,000 of 0% securities due June 30, 2017 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the lesser-performing component finishes at or above the initial level, the payout at maturity will be par plus 156% of the return.
If the lesser-performing component finishes at or above the 75% barrier level, the payout at maturity will be par plus the absolute return.
Otherwise, investors will share in any losses of the lesser-performing component beyond the 25% buffer.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Securities
|
| Underlying components: Euro Stoxx 50 index and iShares MSCI Emerging Markets ETF
|
| Amount: | $2,441,000
|
| Maturity: | June 30, 2017
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 156% of the return if lesser-performing component finishes at or above initial level; par plus the absolute return if lesser-performing component finishes at or above 75% barrier level; otherwise, exposure to losses of the lesser-performing component beyond the 25% buffer
|
| Initial levels: | 3,164.21 for index, $44.14 for fund
|
| Barrier levels: | 75% of initial prices
|
| Pricing date: | July 18
|
| Settlement date: | July 23
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | None
|
| Cusip: | 25152RMA8
|
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