Deutsche Bank plans accelerated return securities linked to oil index

By Angela McDaniels

Tacoma, Wash., Jan. 22 – Deutsche Bank AG, London Branch plans to price 0% capped accelerated return securities due Jan. 26, 2017 linked to the S&P GSCI Crude Oil Index – Excess Return, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of 55.5%. If the final level is less than the initial level but greater than or equal to the trigger level, 80% of the initial level, the payout will be par. If the final level is less than the trigger price, investors will lose 1% for every 1% that the final level is less than the initial level.

Deutsche Bank Securities Inc. is the agent.

The notes will price Jan. 23 and settle Jan. 28.

The Cusip number is 25152RUH4.

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