Deutsche Bank plans notes tied to iShares China Large-Cap, Hang Seng

By Susanna Moon

Chicago, June 17 – Deutsche Bank AG plans to price 0% securities due June 26, 2019 linked to the lesser performing of the iShares China Large-Cap exchange-traded fund and the Hang Seng index, according to a 424B2 filing with the Securities and Exchange Commission.

If each component finishes at or above the initial level, the payout at maturity will be par plus 120% of the gain of the worse performing index, up to a maximum return of 38% to 42%. The exact cap will be set at pricing.

If each component finishes at or above the 60% trigger level, the payout will be par plus the absolute value of the return of the worse performing index.

Otherwise, investors will be fully exposed to any losses of the worse performing component.

Deutsche Bank Securities Inc. is the agent.

The notes will price on June 23 and settle on June 28.

The Cusip number is 25152R3R2.

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