Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers D > Headlines for Deutsche Bank AG, London Branch > News item |
Deutsche Bank to price buffered return enhanced notes linked to Asian indexes via JPMorgan
By Susanna Moon
Chicago, June 3 - Deutsche Bank AG, London Branch plans to price 0% buffered return enhanced notes due June 24, 2009 linked to a basket of indexes via JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc., according to an FWP filing with the Securities and Exchange Commission.
The basket consists of the FTSE/Xinhua China 25 index with a 28% weight, the Korea Stock Price Index 200 with a 26.5% weight, the MSCI Taiwan index with a 21% weight, the Amex Hong Kong 30 index with a 16.5% weight and the MSCI Singapore index with an 8% weight.
The payout at maturity will be par plus double any basket gain, up to a maximum return of at least 19.3%. The exact cap will be set at pricing.
Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
The notes are expected to price on June 6 and settle on June 11.
© 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.