Published on 4/26/2007 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $2 million return optimization securities linked to Nasdaq 100
By Angela McDaniels
Seattle, April 26 - Deutsche Bank AG priced a $2 million issue of return optimization securities due Oct. 31, 2008 linked to the Nasdaq 100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum payout of par plus 19%. Investors will participate fully in any index decline.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
Issuer: | Deutsche Bank AG
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Issue: | Return optimization securities
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Underlying index: | Nasdaq 100
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Amount: | $2 million
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Maturity: | Oct. 31, 2008
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus triple any index gain, capped at 19%; full exposure to any index decline
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Pricing date: | April 24
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Settlement date: | April 30
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Agents: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
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Agent fees: | 1.75%
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