Deutsche Bank plans knock-out notes due 2019 on Euro Stoxx 50 index

By Devika Patel

Knoxville, Tenn., Sept. 13 – Deutsche Bank AG, London Branch, plans to price 0% knock-out notes due March 20, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-out event will occur if the final index level is less than the knock-out level, which is expected to be at most 74.76% and will be set at pricing.

If the final index level is greater than the initial level, the payout at maturity will be par plus the index return.

If a knock-out event has not occurred and the final index level is less than or equal to the initial level, the payout will be par.

If a knock-out event has occurred, investors will lose 1% for each 1% decline of the index from its initial level.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 25155MDT5) are expected to price Sept. 15 and settle Sept. 20.

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