Published on 11/4/2008 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $1.38 million capped BUyS linked to index basket
By Susanna Moon
Chicago, Nov. 4 - Deutsche Bank AG, London Branch priced $1.38 million of 0% capped Buffered Underlying Securities due May 5, 2010 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index with a 60% weight, the MSCI EAFE index with a 20% weight and the Russell 2000 index with a 20% weight.
Payout at maturity will be par plus any basket gain, up to a maximum return of 29.5%. Investors will receive par if the basket falls by up to 15% and will lose 1% for each 1% decline beyond 15%.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped Buffered Underlying Securities
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Underlying indexes: | S&P 500 (60% weight), MSCI EAFE (20% weight) and Russell 2000 (20% weight)
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Amount: | $1,382,000
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Maturity: | May 5, 2010
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any basket gain, capped at 29.5%; par if basket falls by 15% or less; 1% loss for every 1% decline beyond 15%
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Initial index levels: | 968.75 for S&P 500; 1,238.81 for MSCI EAFE; 537.52 for Russell 2000
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Pricing date: | Oct. 31
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Settlement date: | Nov. 5
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Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
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Fees: | None
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