Deutsche plans autocallable securities on Euro Stoxx 50, EAFE fund

By Jennifer Chiou

New York, Oct. 15 – Deutsche Bank AG, London Branch plans to price 0% autocallable securities due Oct. 19, 2017 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to an FWP with the Securities and Exchange Commission.

The notes will be automatically called at par plus an annualized call return of 13.25% if each underlying component closes at or above its initial level on an annual observation date.

If the notes are not called and the final level of the lower-performing underlying asset is at least 70% of its initial level, the payout at maturity will be par. Otherwise, investors will share fully in the decline of the lower-performing underlying asset.

The notes (Cusip: 25152RRS4) will price on Oct. 16 and settle on Oct. 21.

Deutsche Bank Securities Inc. is the agent.

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