New Issue: Deutsche Bank prices $754,223 capped call warrants linked to Euro Stoxx 50 index

By Toni Weeks

San Luis Obispo, Calif., Aug. 6 – Deutsche Bank AG, London Branch priced $754,223 of price call warrants expiring Aug. 4, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notional amount will be $1,000 per warrant. The issue price will be $35.90 per warrant, or 3.59% of the notional amount.

The warrants will be automatically exercised on the expiration date. If the final index level is greater than the initial index level, the payout will be $1,000 multiplied by the index return, capped at 8%.

If the final index level is less than or equal to the initial level, the warrants will expire worthless and investors will lose their entire investments in the warrants.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	Capped call warrants
Underlying index:	Euro Stoxx 50
Amount:	$754,223.10
Expiration date:	Aug. 4, 2017
Notional amount:	$1,000
Issue price:	$35.90
Payout at expiration:	If final index level is greater than initial index level, $1,000 multiplied by index return, capped at 8%; if final index level is less than or equal to initial index level, zero
Initial index level:	3,072.57
Pricing date:	Aug. 1
Settlement date:	Aug. 6
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	$2.60 per warrant
Cusip:	25155V341

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