New Issue: Deutsche Bank sells $1.21 million digital return notes on Euro Stoxx

By Marisa Wong

Morgantown, W.Va., June 14 – Deutsche Bank AG, London Branch priced $1.21 million 0% digital return notes due July 5, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the trigger level, 85% of the initial index level, the payout at maturity will be par plus the digital return of 8.4%. Otherwise, investors will lose 1% for every 1% that the index declines from its initial level.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Digital return notes
Underlying index:	Euro Stoxx 50 index
Amount:	$1.21 million
Maturity:	July 5, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater than or equal to the trigger level, par plus 8.4%; otherwise, 1% loss for every 1% that the index declines from its initial level
Initial level:	3,591.82
Trigger level:	3,053.05, 85% of initial level
Final level:	Average of closing levels on five averaging dates ending June 29, 2018
Pricing date:	June 2
Settlement date:	June 7
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1.04%
Cusip:	25155MBH3

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