By Susanna Moon
Chicago, Aug. 18 - Deutsche Bank AG, London Branch priced $1.5 million of 0% bonus barrier securities due Aug. 22, 2012 linked to the DAX index and the euro relative to the dollar, according to a 424B2 filing with the Securities and exchange Commission.
A barrier event occurs if the index ever falls by more than 20% during the life of the notes.
If a barrier event never occurs, the payout at maturity will be par plus a bonus of 14.25%.
If a barrier event occurs, the payout at maturity will be par plus the index return with exposure to any losses, and any gains will be capped at 14.25%.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Bonus barrier securities
|
| Underlying assets: | DAX index and the euro
|
| Amount: | $1.5 million
|
| Maturity: | Aug. 22, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index never falls by more than 20%, par plus 14.25%; otherwise, plus return with exposure to losses and gains capped at 14.25%
|
| Initial level: | 5,994.90
|
| Initial spot rate: | 1.4398
|
| Pricing date: | Aug. 16
|
| Settlement date: | Aug. 19
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | 1%
|
| Cusip: | 2515A1CH2
|
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