New Issue: Deutsche Bank prices $16.07 million absolute return notes linked to MSCI EAFE

By Laura Lutz

Kansas City, Kan., Dec. 27 - Deutsche Bank AG, London Branch priced $16.07 million of zero-coupon 100% principal protection absolute return barrier notes due June 30, 2009 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes above or below its initial level by more than 22.5% at any time during the life of the notes, the payout at maturity will be par. Otherwise, the payout will be par plus the absolute value of the index return.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	100% principal protection absolute return barrier notes
Underlying index:	MSCI EAFE
Amount:	$16,067,980
Maturity:	June 30, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	Par if index ever closes above or below initial level by more than 22.5%; otherwise, par plus absolute value of index return
Initial level:	2,209.79
Lower index barrier:	1,712.59, 77.5% of initial level
Upper index barrier:	2,706.99, 122.5% of initial level
Pricing date:	Dec. 21
Settlement date:	Dec. 31
Underwriter:	UBS Financial Services Inc.; Deutsche Bank Securities Inc.
Fees:	1.75%

© 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.