By Angela McDaniels
Tacoma, Wash., Aug. 4 - Deutsche Bank AG, London Branch priced $8.88 million of 0% market contribution securities due Aug. 5, 2013 linked to the Deutsche Bank Liquid Alpha USD 5 Total Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return minus an adjustment factor of 1.75% per year.
The notes will be callable and putable on Aug. 6, 2009, Aug. 6, 2010, Aug. 8, 2011 and Aug. 6, 2012, with the payout calculated in the same way as at maturity.
For the payout at maturity, the final index level will equal the average of the index's closing levels on the five trading days ending July 31, 2013. If the notes are called or put, the final index level will be the index's closing level on fifth trading day prior to the redemption date.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Market contribution securities
|
| Underlying index: | Deutsche Bank Liquid Alpha USD 5 Total Return index
|
| Amount: | $8.88 million
|
| Maturity: | Aug. 5, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the index return minus an adjustment factor of 1.75% per year
|
| Call option, put option: | At par plus the index return minus the adjustment factor on Aug. 6, 2009, Aug. 6, 2010, Aug. 8, 2011 and Aug. 6, 2012
|
| Initial index level: | 2,960.666
|
| Pricing date: | July 31
|
| Settlement date: | Aug. 5
|
| Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
|
| Fees: | None
|
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