New York, June 10 – Deutsche Bank AG, London Branch priced $1 million of 0% capped buffered underlying securities due June 12, 2018 linked to the SPDR S&P 500 ETF trust, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 150% of any index gain, up to a maximum return of par plus 21.45%.
Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.
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 ETF: | SPDR S&P 500 ETF trust
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| Amount: | $1 million
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| Maturity: | June 12, 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 par plus 21.45%; par if index declines by 15% or less; 1% loss per 1% drop beyond 15%
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| Initial level: | $211.39
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| Pricing date: | June 7
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| Settlement date: | June 10
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| Agent: | Deutsche Bank Securities Inc.
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| Fees: | 0.25%
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| Cusip: | 25152R3M3
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