By Jennifer Chiou
New York, Nov. 14 - Deutsche Bank AG, London Branch priced $4.4 million of 0% bonus barrier securities due Nov. 14, 2014 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and exchange Commission.
A barrier event occurs if the final fund level falls below 80% of the initial level on the Nov. 10, 2014 final valuation date.
If a barrier event does not occur, the payout at maturity will be par plus the greater of the 30% bonus and 150% of the fund return, subject to a maximum return of 61.313%.
If a barrier event occurs, the payout will be par plus the fund return, which could be positive or negative.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Bonus barrier securities
|
| Underlying fund: | iShares MSCI Emerging Markets index fund
|
| Amount: | $4.4 million
|
| Maturity: | Nov. 14, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus greater of the 30% bonus and 150% of the fund return, subject to a maximum return of 61.313%, if the final fund level is at least 80% of the initial level; otherwise, par plus fund return
|
| Initial level: | $39.83
|
| Pricing date: | Nov. 14
|
| Settlement date: | Nov. 17
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | 0.1%
|
| Cusip: | 2515A1EL1
|
© 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.
