New Issue: Deutsche Bank prices $1.25 million 5.85% notes linked to Russell, iShares MSCI EAFE

By Susanna Moon

Chicago, Sept. 22 – Deutsche Bank AG, London Branch priced $1.25 million of 5.85% securities due Dec. 21, 2016 linked to the worse performing of the Russell 2000 index and the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The payout at maturity will be par unless either component falls below the 80% knockout level, in which case investors will lose 1.25% for each 1% the worse performing component declines beyond 80% of its initial level.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Securities
Underlyings:	Russell 2000 index and iShares MSCI EAFE index fund
Amount:	$1.25 million
Maturity:	Dec. 21, 2016
Coupon:	5.85%, payable monthly
Price:	Par
Payout at maturity:	Par unless either component falls below the 80% knockout level, in which case 1.25% loss for each 1% decline of worse performing component beyond knockout level
Initial levels:	1,165.995 for Russell and $59.39 for EAFE fund
Knock-out levels:	80% of initial level
Pricing date:	Sept. 16
Settlement date:	Sept. 21
Agent:	Deutsche Bank Securities Inc.
Fees:	None
Cusip:	25152RQ97

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