New Issue: Deutsche Bank prices $4.7 million trigger performance notes on iShares MSCI EAFE

By Marisa Wong

Madison, Wis., May 30 - Deutsche Bank AG, London Branch priced $4.7 million of 0% trigger performance securities due May 31, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par of $10 plus 139.43% of the gain.

Investors will receive par if the fund falls by up to 25% and will be fully exposed to losses from the initial level if it falls more than 25%.

Deutsche Bank Securities Inc. and UBS Financial Services Inc. are the agents.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Trigger performance securities
Underlying ETF:	iShares MSCI EAFE
Amount:	$4,702,500
Maturity date:	May 31, 2019
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 139.43% of fund return if fund gains; par if fund falls by up to 25%; otherwise, full exposure to losses
Initial price:	$69.21
Trigger price:	$51.91, 75% of the initial price
Pricing date:	May 27
Settlement date:	May 30
Agents:	Deutsche Bank Securities Inc. and UBS Financial Services Inc.
Fees:	3.5%
Cusip:	25155Q391

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