Deutsche Bank plans autocallables tied to Euro Stoxx, iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Oct. 6 – Deutsche Bank AG, London Branch plans to price 0% autocallable securities due Nov. 2, 2017 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

If each underlying component closes at or above its initial level on an annual review date, the notes will be automatically called at par plus an annualized call premium that is expected to be at least 13.2% and will be set at pricing.

If the notes are not called, the payout will be par if each underlying component finishes at or above its knock-in level, 70% of its initial level. If either underlying component finishes below its knock-in level, investors will be fully exposed to the decline of the least-performing underlying component.

Deutsche Bank Securities Inc. is the underwriter.

The notes are expected to price Oct. 28 and settle Oct. 31.

The Cusip number is 25152RRG0.

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