New Issue: Deutsche Bank sells $4.35 million 5.2% securities on index, ETF

By Wendy Van Sickle

Columbus, Ohio, May 15 – Deutsche Bank AG, London Branch priced $4.35 million of 5.2% securities due June 13, 2019 linked to 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 the return of each asset is at least negative 20%, the payout at maturity will be par. Otherwise, investors will lose 1.25% for each 1% decline of the lesser performing asset beyond 20%.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Autocallable securities
Underlying assets:	iShares MSCI EAFE ETF and Russell 2000 index
Amount:	$4.35 million
Maturity:	June 13, 2019
Coupon:	5.2%, payable monthly
Price:	Par
Payout at maturity:	If return of each asset is at least negative 20%, par; otherwise, investors will lose 1.25% for each 1% decline of least performing asset beyond 20%
Initial levels:	1,596.053 for index, $71.12 for ETF
Buffer levels:	1,276.842 for index, $56.90 for ETF, 80% of initial levels
Pricing date:	May 10
Settlement date:	May 15
Agent:	Deutsche Bank Securities Inc.
Fees:	0%
Cusip:	25155MLD1

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