New Issue: Deutsche Bank prices $4.38 million leveraged securities on MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, May 5 – Deutsche Bank AG, London Branch priced $4.38 million of 0% leveraged securities due May 3, 2018 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 plus 120% of the gain.

If the fund falls, investors will lose 0.55% for every 1% decline from the fund’s initial level.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Leveraged securities
Underlying ETF:	iShares MSCI EAFE
Amount:	$4,384,000
Maturity:	May 3, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF gains, par plus 120% of return; if ETF falls, 0.55% loss for each 1% decline from initial level
Pricing date:	April 29
Settlement date:	May 4
Agent:	Deutsche Bank Securities Inc.
Fees:	None
Cusip:	25152R5C3

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