New Issue: Deutsche Bank prices $6.95 million 5.3% autocallables on index, fund

By Susanna Moon

Chicago, Sept. 7 – Deutsche Bank AG, London Branch priced $6.95 million of 5.3% autocallable securities due Feb. 14, 2019 linked to the iShares MSCI EAFE exchange-traded fund and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes will be called at par if each asset closes at or above its initial level on any quarterly observation date.

The payout at maturity will be par unless either index or fund falls by more than 20%, in which case investors will lose 1.25% for each 1% decline of the worse performing asset beyond 20%.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Autocallable securities
Underlying assets:	iShares MSCI EAFE ETF and Russell 2000 index
Amount:	$6,946,000
Maturity:	Feb. 14, 2019
Coupon:	5.3%, payable quarterly
Price:	Par
Payout at maturity:	Par unless either index or fund falls by more than 20%, in which case 1.25% loss for each 1% decline of worse performing asset beyond 20%
Call:	At par if each asset closes at or above its initial level on any quarterly observation date
Initial levels:	1,372.544 for index, $66.07 for fund
Buffer levels:	1,098.035 for index, $52.86 for fund; 80% of initial levels
Pricing date:	Aug. 11
Settlement date:	Aug. 16
Agent:	Deutsche Bank Securities Inc.
Fees:	0.05%
Cusip:	25155MDB4

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