Deutsche Bank plans autocallable notes tied to S&P 500, Russell 2000

By Marisa Wong

Madison, Wis., Jan. 24 - Deutsche Bank AG, London Branch plans to price 0% autocallable securities due Feb. 2, 2017 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a return of 11% per year if each underlying index closes at or above its initial level on any annual call date.

If the notes are not called and the final level of the lesser performer is at least 75% of the initial level, the payout at maturity will be par. If the final level is less than 75% of the initial level, investors will lose 1% for every 1% decline in the worse performing index.

Deutsche Bank Securities Inc. is the agent.

The notes will price on Jan. 30 and settle on Feb. 4.

The Cusip number is 25152RHE6.

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