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Published on 11/3/2017 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $3.5 million of securities on iShares MSCI EAFE ETF, Russell 2000 index

By Wendy Van Sickle

Columbus, Ohio, Nov. 3 – Deutsche Bank AG, London Branch priced $3.5 million of 5.25% securities due Jan. 31, 2019 linked to the lesser performing of the iShares MSCI EAFE exchange-traded fund and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

If both each asset closes at or a above its 82.5% knock-out level, the payout at maturity will be par. Otherwise, investors will lose 1.2121% for each 1% the laggard asset falls below 82.5%.

Deutsche Bank Securities is the underwriter.

Issuer:Deutsche Bank AG, London Branch
Issue:Securities
Underlying assets:iShares MSCI EAFE exchange-traded fund and Russell 2000 index
Amount:$3.5 million
Maturity:Jan. 31, 2019
Coupon:5.25%, payable monthly
Price:Par
Payout at maturity:Par unless either asset finishes below 82.5% of initial level, in which case 1.2121% loss for each 1% loss below 82.5%
Initial index levels:1,497.459 for index and $69.02 for ETF
Knock-out levels:1,235.404 for index and $56.94 for ETF, 82.5% of initial levels
Pricing date:Oct. 27
Settlement date:Nov. 1
Underwriter:Deutsche Bank Securities Inc.
Fees:0%
Cusip:25155MFC0

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