By Susanna Moon
Chicago, Dec. 2 - Deutsche Bank AG, London Branch priced $3.02 million of 0% capped Buffered Underlying Securities due Dec. 3, 2012 linked to a basket of two indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index with a 70% weight and the Russell 2000 index with a 30% weight.
The payout at maturity will be par plus 1.25 times any basket gain, up to a maximum return of 28.125%.
Investors will receive par if the basket falls by up to 20% and will lose 1% for each 1% decline beyond 20%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped Buffered Underlying Securities
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Underlying index: | S&P 500 index (70% weight) and Russell 2000 index (30% weight)
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Amount: | $3,015,000
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Maturity: | Dec. 3, 2012
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 125% of any basket gain, capped at 28.125%; par if basket falls by 20% or less; 1% loss for every 1% drop beyond 20%
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Initial index levels: | 1,095.63 for S&P and 579.73 for Russell
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Pricing date: | Nov. 30
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Settlement date: | Dec. 3
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Agent: | Deutsche Bank Securities Inc.
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Fees: | 1.7%
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