By Angela McDaniels
Tacoma, Wash., Aug. 28 - Deutsche Bank AG, London Branch priced $2.52 million of 0% performance securities with contingent protection due Aug. 30, 2013 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the Dow Jones Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 25% weight, the Nikkei 225 index with a 20% weight and the Swiss Market, S&P/ASX 200 and MSCI Emerging Markets indexes, each with a 5% weight.
If the final basket return is positive, the payout at maturity will be par of $10 plus 131.5% of the gain.
If the final basket return is negative, the payout will be par if the basket does not close below the trigger level - 50% of the initial level - during the life of the notes. If the basket does close below the trigger level, the payout will be par plus the final basket return.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Performance securities with contingent protection
|
| Amount: | $2,515,900
|
| Underlying indexes: | Dow Jones Euro Stoxx 50 (40% weight), FTSE 100 (25% weight), Nikkei 225 (20% weight), Swiss Market (5% weight), S&P/ASX 200 (5% weight) and MSCI Emerging Markets (5% weight)
|
| Maturity: | Aug. 30, 2013
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 131.5% of any positive basket return; par if basket return is negative and basket remains at or above trigger level throughout life of notes; par plus basket return if basket return is negative and basket falls below trigger level during life of notes
|
| Pricing date: | Aug. 26
|
| Settlement date: | Aug. 29
|
| Underwriters: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
|
| Fees: | 3.5%
|
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