E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/4/2008 in the Prospect News Structured Products Daily.

Deutsche Bank plans 90% principal protected notes linked to DB Liquid Commodity

By Laura Lutz

Des Moines, Feb. 4 - Deutsche Bank AG, London Branch plans to price zero-coupon 90% principal protected notes due Aug. 10, 2011 linked to the Deutsche Bank Liquid Commodity Index - Mean Reversion Excess Return, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is at least the initial level, the payout at maturity will be par plus 85% of any index gain.

Otherwise, the payout will be par times the index performance, subject to a floor of 90% of par.

The notes are expected to price on Feb. 5 and settle on Feb. 8.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the underwriters.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.