Deutsche Bank to price two-year annual review notes on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Nov. 2 – Deutsche Bank AG, London Branch plans to price 0% annual review notes due Nov. 6, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus an annualized call premium of at least 16.21% if the index closes at or above the initial index level on either of two annual review dates. The exact premium will be set at pricing.

The payout at maturity will be par unless the final index level is less than 75% of the initial level, in which case investors will lose 1% for every 1% decline below the initial level.

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

The notes will price Nov. 3.

The Cusip number is 25155MFE6.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.