Deutsche Bank plans two-year call warrants tied to MDAX (Total Return)

By Angela McDaniels

Tacoma, Wash., Nov. 18 – Deutsche Bank AG, London Branch plans to price call warrants expiring Nov. 24, 2017 linked to the MDAX Index (Total Return), according to an FWP filing with the Securities and Exchange Commission.

The notional amount is $1,000 per warrant. The price will be $139.50 per warrant, or 13.95% of the notional amount. The minimum purchase requirement is 72 warrants.

The warrants will be automatically exercised on the expiration date. If the index’s final level is greater than the initial index level, the cash settlement amount will be $1,000 multiplied by the index return. If the final level is less than or equal to the initial level, investors will lose their entire initial investments in the warrants.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

The warrants will price Nov. 20.

The Cusip number is 25190F467.

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