E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/15/2008 in the Prospect News Structured Products Daily.

Deutsche Bank to price Capped BUyS linked to index basket

E. Janene Geiss

Philadelphia, Dec. 15 - Deutsche Bank AG, London Branch plans to price 0% Capped Buffered Underlying Securities due Dec. 22, 2011 linked to an index basket, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of the Russell 2000, S&P Midcap 400, each with a 35% weight, and the MSCI EAFE index with a 30% weight.

Payout at maturity will be par plus 200% of any index gain, up to a maximum return of 52.2% to 61.6%.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

The notes are expected to price on Dec. 19 and settle on Dec. 24.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas will be the agents.


© 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.