By Marisa Wong
Morgantown, W.Va., March 29 – Deutsche Bank AG, London Branch priced $4.5 million of 0% capped buffered underlying securities due Aug. 24, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 150% of any index gain, subject to a maximum return of 14.7%.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
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| Issue: | Capped buffered underlying securities
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| Underlying index: | Russell 2000
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| Amount: | $4.5 million
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| Maturity: | Aug. 24, 2018
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 150% of any index gain, capped at 14.7%; par if index declines by 20% or less; 1.25% loss per 1% drop beyond 20%
|
| Initial level: | 1,384.096 (closing index level on March 20)
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| Pricing date: | March 21
|
| Settlement date: | March 24
|
| Agent: | Deutsche Bank Securities Inc.
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| Fees: | None
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| Cusip: | 25155MAJ0
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