New Issue: Deutsche Bank prices $17.42 million Accelerated Return Notes linked to Facebook

By Angela McDaniels

Tacoma, Wash., Sept. 18 – Deutsche Bank AG, London Branch priced $17.42 million of 0% Accelerated Return Notes due Sept. 28, 2018 linked to the common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the share price, up to a maximum return of 19.81%. Investors will be exposed to any decline in the share price.

BofA Merrill Lynch is the underwriter.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Accelerated Return Notes
Underlying stock:	Facebook, Inc. (Nasdaq: FB)
Amount:	$17,424,390
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any stock gain, capped at 19.81%; exposure to any stock decline
Initial share price:	$171.29
Pricing date:	Sept. 14
Settlement date:	Sept. 22
Underwriters:	BofA Merrill Lynch
Fees:	1.75%
Cusip:	25156D118

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.