By Susanna Moon
Chicago, July 7 – Deutsche Bank AG, London Branch priced $251,000 of 9% autocallable securities June 21, 2018 linked to the 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 quarterly determination date after six months.
The payout at maturity will be par unless the stock ever closes below its 80% knock-out threshold during the life of the notes, in which case investors will receive a number of Ford shares equal to $1,000 divided by the initial share price.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
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| Issue: | Autocallable securities
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| Underlying index: | Ford Motor Co. (Ticker: F)
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| Amount: | $251,000
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| Maturity: | June 21, 2018
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| Coupon: | 9%, payable monthly
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| Price: | Par
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| Payout at maturity: | Par unless stock ever closes below threshold, in which case 89.1266 Ford shares
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| Call: | At par if stock closes at or above its initial level on any quarterly determination date six months
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| Initial level: | $11.22
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| Threshold: | $8.98, 80% of initial level
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| Pricing date: | June 16
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| Settlement date: | June 21
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| Agent: | Deutsche Bank Securities Inc.
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| Fees: | 2.5%
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| Cusip: | 25190LAB6
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