Deutsche Bank plans two-year capped buffer gears linked to S&P 500

By Susanna Moon

Chicago, July 12 – Deutsche Bank AG, London Branch plans to price 0% capped buffer gears due July 20, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.5 times any index gain, up to a maximum return of 20% to 24%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline beyond 10%.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

The notes will price on July 15 and settle on July 20.

The Cusip number is 25190F731.

© 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.