New Issue: Deutsche Bank prices $6 million capped BUyS linked to iShares MSCI EAFE

By Marisa Wong

Morgantown, W.Va., March 26 – Deutsche Bank AG, London Branch priced $6 million of 0% capped buffered underlying securities due May 23, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 150% of the gain, capped at 11%. Investors will receive par if the ETF falls by 20% or less and will lose 1.25% for every 1% that it declines beyond 20%.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Capped buffered underlying securities
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$6 million
Maturity:	May 23, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any ETF gain, capped at 11%; par if ETF falls by up to 20%; 1.25% loss for every 1% decline beyond 20%
Initial share price:	$69.90
Pricing date:	March 20
Settlement date:	March 23
Agent:	Deutsche Bank Securities Inc.
Fees:	None
Cusip:	25155MKP5

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