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Deutsche Bank plans 9%-11% autocallables linked to Ford Motor
By Susanna Moon
Chicago, June 7 – Deutsche Bank AG, London Branch plans to price 9% to 11% autocallable securities due June 21, 2018 linked to Ford Motor Co. stock, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable monthly.
The notes will be called at par if the stock closes at or above its initial level on any review date after six months.
The payout at maturity will be par unless the stock ever closes below its 80% knock-out level during the life of the notes, in which case investors will be fully exposed to any losses.
Deutsche Bank Securities Inc. is the agent.
The notes will price on June 16 and settle on June 21.
The Cusip number is 25190LAB6.
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