New Issue: Deutsche Bank prices $5.73 million performance securities linked to index basket via UBS

By Susanna Moon

Chicago, May 29 - Deutsche Bank AG, London Branch priced a $5.73 million issue of 0% performance securities with partial protection due May 31, 2012 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Dow Jones Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 25% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 5% weight, the S&P/ASX 200 index with a 5% weight and the MSCI Emerging Markets index with a 5% weight.

The payout at maturity will be par of $10 plus 108.9% of any gain on the basket. If the basket falls by up to 15% of its initial level, the payout will be par. Investors will lose proportional to any loss beyond 15%.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	0% performance securities with partial protection
Amount:	$5,726,740
Underlying indexes:	Dow Jones Euro Stoxx 50 index (40% weight), FTSE 100 index (25% weight), Nikkei 225 index (20% weight), Swiss Market index (5% weight), S&P/ASX 200 index (5% weight) and MSCI Emerging Markets index (5% weight)
Maturity:	May 31, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 108.9% of any gain; par if basket loses less than 15%; exposure to loss if basket drops more than 15%
Pricing date:	May 27
Settlement date:	May 30
Underwriters:	UBS Financial Services Inc., Deutsche Bank Securities
Fees:	3%

© 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.