By Susanna Moon
Chicago, June 25 – Deutsche Bank AG, London Branch priced $6.04 million of 8.76% airbag autocallable yield optimization notes due June 25, 2015 linked to Qlik Technologies Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable monthly.
The notes will be called at par if Qlik shares close at or above the initial share price on any quarterly observation date.
The payout at maturity will be par unless the final share price is less than the conversion price, in which case the payout will be a number of Qlik shares equal to $1,000 divided by the conversion price. The conversion price is 75% of the initial share price.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Airbag autocallable yield optimization notes
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Underlying stock: | Qlik Technologies Inc. (Symbol: QLIK)
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Amount: | $6,041,000
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Maturity: | June 25, 2015
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Coupon: | 8.76%, payable monthly
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Price: | Par
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Payout at maturity: | Par unless final share price is less than conversion price, in which case number of Qlik shares equal to $1,000 divided by conversion price
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Call: | At par if Qlik shares close at or above initial share price on any quarterly observation date
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Initial share price: | $22.90
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Conversion price: | $17.18, 75% of initial share price
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Pricing date: | June 20
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Settlement date: | June 25
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Underwriters: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
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Fees: | 1.5%
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Cusip: | 25155V796
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