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Published on 1/5/2016 in the Prospect News Structured Products Daily.

Deutsche Bank plans to sell Stars due 2019 tied to Russell 2000 index

By Devika Patel

Knoxville, Tenn., Jan. 5 – Deutsche Bank AG, London Branch plans to price 0% Strategic Accelerated Redemption Securities due January 2019 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

If the index closes at or above its initial level on any annual observation date, the notes will be called at par of $10 plus an annualized call premium of 9.5% to 31.5%. The actual call premium will be set at pricing.

If the notes are not called, investors will be fully exposed to losses.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the agent.

The notes are expected to price and settle in January.


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