Deutsche plans 0% return enhanced notes linked to Euro Stoxx Banks

By Jennifer Chiou

New York, July 23 – Deutsche Bank AG, London Branch plans to price 0% return enhanced notes due Aug. 12, 2015 linked to the Euro Stoxx Banks index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, subject to a maximum return of 26.7%.

Investors will be fully exposed to any losses.

The final index level will be the average of the closing index level on the five trading days ending Aug. 7, 2015.

The notes (Cusip: 25152RMT7) are expected to price on July 25 and settle on July 30.

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

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