New Issue: Deutsche Bank prices $8.27 million buffered digital notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 14 – Deutsche Bank AG, London Branch priced $8.27 million of 0% buffered digital notes due April 15, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 10%, the payout at maturity will be $1,094.50 per $1,000 principal amount of notes. If the index return is less than negative 10%, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Buffered digital notes
Underlying index:	Euro Stoxx 50
Amount:	$8,265,000
Maturity:	April 15, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 10%, $1,094.50 per $1,000 principal amount of notes; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	3,023.77
Pricing date:	Aug. 12
Settlement date:	Aug. 19
Agent:	Deutsche Bank Securities Inc.
Fees:	1.7%
Cusip:	25152RNS8

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