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 12/3/2009 in the Prospect News Structured Products Daily.

Deutsche Bank to price capped BUyS linked to two iShares MSCI ETFs

By Angela McDaniels

Tacoma, Wash., Dec. 3 - Deutsche Bank AG, London Branch plans to price 0% capped Buffered Underlying Securities due Dec. 23, 2011 linked to a basket of exchange-traded funds, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the iShares MSCI EAFE index fund with a 70% weight and the iShares MSCI Emerging Markets index fund a 30% weight.

The payout at maturity will be par plus 125% of any basket gain, subject to a maximum return of 17.75% to 23.375% that will be set at pricing. Investors will receive par if the basket falls by 15% or less and will be exposed to any decline beyond 15%.

The notes are expected to price Dec. 18 and settle Dec. 23.

Deutsche Bank Securities Inc. is the agent.


© 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.