Deutsche Bank plans 0% securities linked to index basket via UBS

By E. Janene Geiss

Philadelphia, June 5 - Deutsche Bank AG, London Branch plans to price an issue of 0% performance securities with partial protection expected to mature June 30, 2010 linked to an index basket, according to an FWP filing with the Securities and Exchange Commission.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. will be the underwriters.

The basket consists of the Dow Jones Euro Stoxx 50 with a 35% weight, FTSE 100 with a 25% weight, Nikkei 225 with a 25% weight and the Swiss Market, S&P/ASX 200 and MSCI Emerging Market indexes, each with 5% weights.

The notes are expected to price June 25 and settle June 29.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10.00 plus the return on the index multiplied by a participation rate, which will be determined at pricing and is expected to be between 110% and 120%.

If the index declines by 20% or less, investors will receive par. Investors will lose 1% for every 1% the index declines beyond 20%.

© 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.