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Published on 6/27/2014 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $740,900 trigger performance notes linked to S&P MidCap 400

By Angela McDaniels

Tacoma, Wash., June 27 – Deutsche Bank AG, London Branch priced $740,900 of 0% trigger performance securities due June 29, 2018 linked to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 115% of the index return.

If the index return is zero or negative and the index’s final level is equal to or greater than the trigger level, 75% of the initial level, the payout will be par.

If the final level is less than the trigger level, investors will be fully exposed to the decline in the index from its initial level.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

Issuer:Deutsche Bank AG, London Branch
Issue:Trigger performance securities
Underlying index:S&P MidCap 400
Amount:$740,900
Maturity:June 29, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 115% of index return; if index return is zero or negative and index’s final level is equal to or greater than trigger level, par; if final level is less than trigger level, full exposure to decline in index from initial level
Initial level:1,422.08
Trigger level:1,066.56, 75% of initial level
Pricing date:June 25
Settlement date:June 30
Agents:UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:None
Cusip:25155Q128

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