By Susanna Moon
Chicago, Oct. 14 - Deutsche Bank AG, London Branch priced $18 million of notes due Nov. 13, 2009 linked to the Deutsche Bank Liquid Commodity Index - Optimum Yield Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon is Libor less 12 basis points, payable monthly.
Payout at maturity will be par plus triple the sum of the index return times the discount factor minus an adjustment factor.
The notes are putable at any time and will be called if the index drops by 15% or more. In both cases, the payout will be determined in the same way as at maturity.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Notes
|
| Underlying index: | Deutsche Bank Liquid Commodity Index - Optimum Yield Excess Return
|
| Amount: | $18 million
|
| Maturity: | Nov. 13, 2009
|
| Coupon: | Libor minus 12 bps, payable monthly
|
| Price: | Par
|
| Payout at maturity: | Par plus triple the sum of the index return times the discount factor minus an adjustment factor
|
| Put option: | At any time
|
| Call: | Automatically if index declines by 15% or more
|
| Initial index level: | 577.33
|
| Pricing date: | Oct. 9
|
| Settlement date: | Oct. 15
|
| Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
|
| Fees: | None
|
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