By Jennifer Chiou
New York, March 25 - Deutsche Bank AG, London Branch priced $6.1 million of securities due Sept. 24, 2015 linked to the lesser performing of the iShares MSCI EAFE exchange-traded fund and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the lesser performer gains or remains flat, the payout at maturity will be par 150% of any gain in that component, capped at 13.5%.
If the lesser performer falls by up to 15%, investors will receive par plus the absolute return.
Otherwise, investors will lose 1.1765% for each 1% decline of the worse performing component beyond the 15% buffer.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Securities
|
| Underlying components: iShares MSCI EAFE ETF and Russell 2000 index
|
| Amount: | $6.1 million
|
| Maturity: | Sept. 24, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If worse-performing component stays flat or gains, par plus 150% of any gain, capped at 13.5%; par plus the absolute return if lesser performer falls by up to 15%; otherwise, 1.1765% loss per 1% drop of worse-performing component beyond buffer
|
| Initial levels: | $65.16 for EAFE fund and 1,193.73 for Russell
|
| Pricing date: | March 21
|
| Settlement date: | March 26
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | 0.25%
|
| Cusip: | 25152RJP9
|
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