New Issue: Deutsche prices $15 million 5.3% securities linked to Russell 2000, iShares MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., May 31 - Deutsche Bank AG, London Branch priced $15 million of 5.3% securities due Sept. 4, 2014 linked to the Russell 2000 index and the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The payout at maturity will be par, unless the final level of the worst-performing component is less than the knock-out level, 85% of the initial level, on the Aug. 29, 2014 final valuation date, in which case investors will lose 1.1765% for each 1% decline in the worst-performing component.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Securities
Underlying components:	Russell 2000 index and iShares MSCI EAFE index fund
Amount:	$15 million
Maturity:	Sept. 4, 2014
Coupon:	5.3%, payable quarterly
Price:	Par
Payout at maturity:	If final level of worst-performing component is less than knock-out level on Aug. 29, 2014, 1.1765% loss for each 1% decline in worst-performing component; otherwise, par
Initial levels:	986.96 for Russell, $61.02 for fund
Knock-out level:	838.92 for Russell, $51.87 for fund, 85% of initial levels
Pricing date:	May 29
Settlement date:	June 3
Agent:	Deutsche Bank Securities Inc.
Fees:	0.05%
Cusip:	25152RDB6

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