New Issue: Deutsche Bank prices $15.99 million buffered digital notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Dec. 16 - Deutsche Bank AG, London Branch priced $15.99 million 0% buffered digital notes due Jan. 15, 2016 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 initial level, the payout at maturity will be $1,180 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Deutsche Bank Securities Inc. is the underwriter.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Buffered digital notes
Underlying index:	Euro Stoxx 50
Amount:	$15,986,000
Maturity:	Jan. 15, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial level, $1,180 per $1,000 principal amount of notes; par if index declines by 10% or less; 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	2,928.12
Pricing date:	Dec. 12
Settlement date:	Dec. 19
Underwriter:	Deutsche Bank Securities Inc.
Fees:	2%
Cusip:	25152RGF4

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