Deutsche plans autocallable securities on Russell 2000, Euro Stoxx 50

By Jennifer Chiou

New York, Aug. 5 – Deutsche Bank AG, London Branch plans to price 0% autocallable securities due Aug. 31, 2017 linked to the lesser performing of the Russell 2000 index and the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The notes will be called at par plus an annualized return of at least 12% if each index closes at or above its call level on an annual call date. The exact call return will be set at pricing, and the call level will be equal to the initial level on the call date in 2015, then it will be 95% of the initial level on the call date in 2016 and 90% of the initial level on the final call date.

If the notes are not called and the final level of the worse-performing index is at least 75% of its initial level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline in the worse-performing index.

The notes (Cusip: 25152RNJ8) will price on Aug. 26 and settle on Aug. 29.

Deutsche Bank Securities Inc. is the agent.

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