| 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 0% notes linked to three buffered return enhanced indexes via JPMorgan
By Susanna Moon
Chicago, June 30 - Deutsche Bank AG, London Branch plans to price zero-coupon notes due July 22, 2009 linked to a weighted basket of three buffered return enhanced components, according to a 424B2 filing with the Securities and Exchange Commission.
JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc. are the agents.
The basket consists of the Dow Jones Euro Stoxx 50 index with a 55% weight, the FTSE 100 index with a 25% weight and the Topix index with a 20% weight.
Payout at maturity will be equal to the sum of the three components payouts, each weighted as given above.
For each component of the basket, the payout at maturity will be par plus double any gain, capped at a return of 15.34% for the Euro Stoxx 50, 13.66% for the FTSE 100 and 18.6% for the Topix.
If a basket index falls by up to 10%, investors will receive par for the component. Investors will lose 1.1111% for every 1% drop beyond 10%.
The notes are expected to price on July 3 and settle on July 9.
© 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.