New Issue: Deutsche Bank prices $8.3 million buffered digital notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Oct. 6 – Deutsche Bank AG, London Branch priced $8.3 million of 0% buffered digital notes due Oct. 5, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 15%, the payout at maturity will be $1,119.50 per $1,000 principal amount of notes. If the index return is less than negative 15%, investors will lose 1.17647% for every 1% that the index declines beyond 15%.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Buffered digital notes
Underlying index:	Russell 2000
Amount:	$8.3 million
Maturity:	Oct. 5, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 15%, $1,119.50 per $1,000 principal amount of notes; if index return is less than negative 15%, 1.17647% loss for every 1% that index declines beyond 15%
Initial index level:	1,923.82
Pricing date:	Oct. 1
Settlement date:	Oct. 8
Agent:	Deutsche Bank Securities Inc.
Fees:	1.47%
Cusip:	25152RR54

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