New Issue: Deutsche Bank prices $925,000 digital return notes linked Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 26 – Deutsche Bank AG, London Branch priced $925,000 of 0% digital return notes due May 10, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the trigger level, 85% of the initial index level, the payout at maturity will be par plus 10.35%. Otherwise, investors will lose 1% for every 1% by which the final index level is less than the initial index level.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	Digital return notes
Underlying index:	Euro Stoxx 50
Amount:	$925 ,000
Maturity:	May 10, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to trigger level, par plus 10.35%; otherwise, 1% loss for every 1% by which final index level is less than initial index level
Initial level:	3,141.12
Final index level:	Average of index’s closing levels on the five trading days ending May 5, 2017
Trigger level:	2,669.95, 85% of initial level
Pricing date:	April 22
Settlement date:	April 27
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1%
Cusip:	2515A1NP2

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