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Deutsche Bank plans five-year leveraged notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Aug. 6 – Deutsche Bank AG, London Branch plans to price 0% securities due Aug. 28, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes above the initial level, the payout at maturity will be par plus 120% of any index gain.
If the index finishes above the 62% to 68% trigger level, the payout will be par plus the absolute return.
Otherwise, the payout will be par plus return with full exposure to losses.
J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.
The notes will price on Aug. 22 and settle on Aug. 27.
The Cusip number is 25152RNL3.
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