Deutsche Bank to price cash-settled notes due 2023 tied to JPMorgan

By Marisa Wong

Morgantown, W.Va., April 17 – Deutsche Bank AG, London Branch has launched a public offering of cash-settled equity-linked notes due May 1, 2023 linked to the common stock of JPMorgan Chase & Co., according to an FWP filing with the Securities and Exchange Commission.

The notes will be issued at 105% of par, with a minimum purchase of $100,000 and in minimum denominations of $1,000 and integral multiples of $1,000 in excess of that.

Settlement is expected to take place on April 23.

Deutsche Bank Securities Inc. is the bookrunner.

Deutsche Bank AG, London Branch is a subsidiary of Deutsche Bank AG, a Frankfurt-based global banking and financial services company. JPMorgan is a financial services holding company based in New York.

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