E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/22/2008 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $4.56 million capped BUyS linked to three indexes, two ETFs

By Susanna Moon

Chicago, Aug. 22 - Deutsche Bank AG, London Branch priced $4.56 million of 0% capped Buffered Underlying Securities due Feb. 26, 2010 linked to a diversified basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 50% weight, Russell 2000 index with a 20% weight, Nasdaq 100 index with a 20% weight, Financial Select Sector SPDR fund with a 5% weight and the Health Care Select Sector SPDR Fund with a 5% weight.

Payout at maturity will be par plus 150% of any basket gain, up to a maximum return of 21.15%.

Investors will receive par for index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.

Issuer:Deutsche Bank AG, London Branch
Issue:Capped Buffered Underlying Securities
Underlying basket:S&P 500 index (50% weight), Russell 2000 index (20% weight), Nasdaq 100 index (20% weight), Financial Select Sector SPDR fund (5% weight) and Health Care Select Sector SPDR Fund (5% weight)
Amount:$4,559,000
Maturity:Feb. 26, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any basket gain, capped at 21.15%; par if basket falls by 10% or less; 1% loss for every 1% decline beyond 10%
Initial levels:1,274.54 for S&P, 1,022.88 for Russell, 1,913.02 for Nasdaq, 20.35 for Financial Select SPDR and 32.97 for Health Care SPDR
Pricing date:Aug. 20
Settlement date:Aug. 26
Agents:Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
Fees:None

© 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.