New Issue: Deutsche Bank prices $1.9 million trigger autocallables on Euro Stoxx 50

By Susanna Moon

Chicago, May 15 - Deutsche Bank AG, London Branch priced $1.9 million of 0% trigger autocallable optimization securities due May 16, 2018 linked to the Euro Stoxx 50, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the initial price on any quarterly observation date after one year, the notes will be called at par plus an annualized call return of 9%.

The payout at maturity will be par if the index finishes at or above the 65% trigger level.

Otherwise, investors will be exposed to any losses.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	Trigger autocallable optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$1,901,300
Maturity:	May 16, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final level is at least 65% of initial level, par; otherwise, full exposure to losses
Call:	At par plus 9% per year if index closes at or above initial level on any quarterly observation date after one year
Initial level:	2,785.24
Trigger level:	1,810.41, 65% of initial price
Pricing date:	May 10
Settlement date:	May 15
Agents:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:	2.5%
Cusip:	25155H672

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