Published on 6/3/2008 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $2 million return enhanced notes linked to 18 stocks
By Angela McDaniels
Tacoma, Wash., June 3 - Deutsche Bank AG, London Branch priced $2 million of 0% return enhanced notes due Dec. 3, 2009 linked to a basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.
The equally weighted basket includes the common stocks of American Express Co., Berkshire Hathaway, Inc., Cardinal Health, Inc., Colgate Palmolive Co., Express Scripts, Inc., FedEx Corp., General Electric Co., Goldman Sachs Group, Inc., Home Depot, Inc., Johnson & Johnson, Moody's Corp., 3M Co., PepsiCo, Inc., Procter & Gamble Co., United Technologies Corp., Walgreen Co., Wal-Mart Stores, Inc. and Western Union Co.
The payout at maturity will be par plus 400% of any basket gain, subject to a maximum return of 24.4%. Investors will be fully exposed to any index decline.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Return enhanced notes
|
| Underlying stocks: | American Express Co., Berkshire Hathaway, Inc., Cardinal Health, Inc., Colgate Palmolive Co., Express Scripts, Inc., FedEx Corp., General Electric Co., Goldman Sachs Group, Inc., Home Depot, Inc., Johnson & Johnson, Moody's Corp., 3M Co., PepsiCo, Inc., Procter & Gamble Co., United Technologies Corp., Walgreen Co., Wal-Mart Stores, Inc. and Western Union Co.; equally weighted
|
| Amount: | $2 million
|
| Maturity: | Dec. 3, 2009
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 400% of any basket gain, subject to a maximum return of 24.4%; full exposure to any basket decline
|
| Pricing date: | May 30
|
| Settlement date: | June 4
|
| Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
|
| Fees: | None
|
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