Published on 2/11/2011 in the Prospect News Structured Products Daily.
New Issue: Deutsche prices $1.25 million capped BUyS linked to Russell 2000
By Jennifer Chiou
New York, Feb. 11 - Deutsche Bank AG, London Branch priced $1.25 million of 0% capped buffered underlying securities due Feb. 14, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.25 times any index gain, subject to a maximum return of 25%. Investors will receive par if the index declines by 19% or less and will lose 1% for every 1% decline beyond 19%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped buffered underlying securities
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Underlying index: | Russell 2000
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Amount: | $1.25 million
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Maturity: | Feb. 14, 2013
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 125% of any index gain, up to maximum return of 25%; par if index falls by 19% or less; 1% loss for every 1% decline beyond 19%
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Initial level: | 809.27
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Pricing date: | Feb. 9
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Settlement date: | Feb. 14
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Agent: | Deutsche Bank Securities Inc.
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Fees: | 0.75%
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Cusip: | 2515A13Q2
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