New Issue: Deutsche Bank prices $309,300 trigger performance notes on Vanguard FTSE EM

By Susanna Moon

Chicago, Feb. 27 – Deutsche Bank AG, London Branch priced $309,300 of 0% trigger performance securities due Feb. 28, 2019 linked to the Vanguard FTSE Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 150% of any fund gain.

Investors will receive par if the fund falls by 20% or less and will be fully exposed to any losses if the fund finishes below the 80% trigger level.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	Trigger performance securities
Underlying fund:	Vanguard FTSE Emerging Markets ETF
Amount:	$309,300
Maturity:	Feb. 28, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 150% of any fund gain; par if fund falls by 20% or less; full exposure to losses if fund finishes below trigger level
Initial level:	$41.94
Trigger level:	$33.55, 80% of initial level
Pricing date:	Feb. 24
Settlement date:	Feb. 27
Agents:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:	None
Cusip:	25190E726

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