Deutsche Bank plans contingent 6.25%-7.25% callables on indexes, fund

By Susanna Moon

Chicago, Jan. 19 – Deutsche Bank AG plans to price 0% trigger return enhanced securities due Jan. 30, 2023 linked to the iShares MSCI EAFE exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each component finishes at or above its initial level, the payout at maturity will be par plus 270% of the return of the worse performing component.

If either component falls by up to its 50% trigger level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the worse performing component.

Deutsche Bank Securities Inc. is the agent.

The notes will price on Jan. 25.

The Cusip number is 25155MHK0.

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