Published on 2/25/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank sells $1 million four-year capped BUyS tied to Nikkei 225
By Susanna Moon
Chicago, Feb. 25 - Deutsche Bank AG, London Branch priced $1 million of 0% capped buffered underlying securities due Feb. 23, 2018 linked to the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the index, up to a maximum return of 47%.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.
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: | Nikkei 225
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Amount: | $1 million
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Maturity: | Feb. 23, 2018
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain, capped at 47%; par if index declines by 20% or less; 1.25% loss per 1% drop beyond 20%
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Initial level: | 14,449.18
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Pricing date: | Feb. 20
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Settlement date: | Feb. 25
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Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 25152RHZ9
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