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Deutsche Bank plans three-year call warrants linked to Euro Stoxx
By Angela McDaniels
Tacoma, Wash., Jan. 7 - Deutsche Bank AG, London Branch plans to price call warrants expiring Feb. 2, 2016 linked the Euro Stoxx 50 index via Barclays, according to an FWP filing with the Securities and Exchange Commission.
The notional amount is $1,000 per warrant. The issue price will be between $108.00 and $129.60 per warrant, which is equal to 10.80% to 12.96% of the notional amount.
On the expiration date, the warrants will be exercised automatically and investors will receive the cash settlement value.
If the final index level is greater than the initial index level, the cash settlement value will be $1,000 multiplied by the index return. If the final index level is less than or equal to the initial index level, the cash settlement value will be zero and the warrants will expire worthless.
The warrants are expected to price Jan. 28 and settle Jan. 31.
The Cusip number is 25154S364.
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