Published on 11/25/2008 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $4.96 million capped BUyS linked to four indexes
By Angela McDaniels
Tacoma, Wash., Nov. 25 - Deutsche Bank AG, London Branch priced $4.96 million of 0% capped Buffered Underlying Securities due May 26, 2010 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the S&P 500 with a 40% weight, the Russell 2000 with a 25% weight, the S&P MidCap 400 with a 25% weight and the MSCI EAFE with a 10% weight.
The payout at maturity will be par plus 150% of any basket gain, subject to a maximum return of 27.75%. Investors will receive par if the basket falls by 15% or less and will lose 1% for every 1% that the basket declines beyond 15%.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped Buffered Underlying Securities
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Underlying indexes: | S&P 500 (40% weight), Russell 2000 (25% weight), S&P MidCap 400 (25% weight) and MSCI EAFE (10% weight)
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Amount: | $4,957,000
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Maturity: | May 26, 2010
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of any basket gain, up to maximum return of 27.75%; par if basket falls by 15% or less; 1% loss for every 1% decline beyond 15%
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Initial index levels: | 800.03 for S&P 500; 406.54 for Russell 2000; 441.51 for S&P MidCap 400; 1,044.23 for MSCI EAFE
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Pricing date: | Nov. 21
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Settlement date: | Nov. 26
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Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
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Fees: | None
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