By Angela McDaniels
Tacoma, Wash., Feb. 7 - Deutsche Bank AG, London Branch priced $632,000 of 0% alpha overlay securities due Feb. 8, 2013 linked to a basket holding the Deutsche Bank Fed Funds Total Return index and the Deutsche Bank Equity Mean Reversion Alpha index (Emerald), according to a 424B2 filing with the Securities and Exchange Commission.
The basket level on any day equals 100 plus the DB Fed Funds index return on that day and two times the Emerald index return. The return of the Emerald index is reduced by an adjustment factor of 1.375% per year.
The payout at maturity will be par plus the basket return, which could be positive or negative.
The notes will be called if the basket level falls below 40. The payout will be par plus the basket return.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Alpha overlay securities
|
| Underlying indexes: | Deutsche Bank Fed Funds Total Return index and Deutsche Bank Equity Mean Reversion Alpha index
|
| Amount: | $632,000
|
| Maturity: | Feb. 8, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus basket return
|
| Call option: | At par plus basket return if basket level falls below 40
|
| Basket level: | On any day, 100 plus DB Fed Funds index return on that day and two times Emerald index return; Emerald return reduced by adjustment factor of 1.375% per year
|
| Initial index levels: | 171.6245 for Fed Funds and 207.51 for Emerald
|
| Pricing date: | Feb. 3
|
| Settlement date: | Feb. 8
|
| Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
|
| Fees: | None
|
| Cusip: | 2515A13F6
|
© 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.
