New Issue: Deutsche Bank prices $1.75 million call warrants linked to 12 stocks

By Angela McDaniels

Tacoma, Wash., Sept. 26 – Deutsche Bank AG, London Branch priced $1.75 million of call warrants expiring March 30, 2016 linked to a basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the common stock of Bank of America Corp., the common stock of Biogen Idec Inc., the common stock of Bristol-Myers Squibb Co., the class A common stock of DISH Network Corp., the common stock of EOG Resources, Inc., the class A common stock of Facebook, Inc., the common stock of First Republic Bank, the class A common stock of Google Inc., the common shares of Valeant Pharmaceuticals International, Inc., the common stock of Yum! Brands, Inc., the common stock of Pioneer Natural Resources Co. and the common shares of Weatherford International Ltd.

The 15,096 warrants have a notional amount of $1,000 each, or $15.1 million in total, and sold for $116 each, or 11.6% of the notional amount. The minimum purchase requirement is 86 warrants.

The warrants will be automatically exercised on the expiration date. If the final basket level is greater than the initial basket level, the cash settlement amount per warrant will be $1,000 multiplied by the basket return. If the final basket level is less than or equal to basket level, the cash settlement amount will be zero.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Call warrants
Underlying stocks:	Bank of America Corp., Biogen Idec Inc., Bristol-Myers Squibb Co., DISH Network Corp., EOG Resources, Inc., Facebook, Inc., First Republic Bank, Google Inc., Valeant Pharmaceuticals International, Inc., Yum! Brands, Inc., Pioneer Natural Resources Co. and Weatherford International Ltd., equally weighted
Warrants:	15,096
Notional amount:	$1,000 each, or $15,096,000 total
Price:	$116 each, or $1,751,136 total
Expiration date:	March 30, 2016
Payout:	If final basket level is greater than initial basket level, $1,000 multiplied by basket return; if final basket level is less than or equal to basket level, zero
Pricing date:	Sept. 24
Settlement date:	Sept. 29
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	$4 per warrant
Cusip:	25157U580

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