By Angela McDaniels
Tacoma, Wash., Dec. 30 - Deutsche Bank AG, London Branch priced $4.38 million of 0% return optimization securities with contingent protection due Dec. 31, 2012 linked to a basket of two exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
The basket includes the iShares MSCI EAFE index fund with a 70% weight and the iShares MSCI Emerging Markets index fund with a 30% weight.
If the basket return is positive, the payout at maturity will be par of $10 plus 1.5 times the gain, subject to a maximum return of 41%.
If the basket return is between zero and negative 40%, the payout will be par.
If the basket return is less than negative 40%, the payout will be par plus the basket return.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Return optimization securities with contingent protection
|
| Underlying ETFs: | iShares MSCI EAFE index fund (70% weight) and iShares MSCI Emerging Markets index fund (30% weight)
|
| Amount: | $4,380,300
|
| Maturity: | Dec. 31, 2012
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 1.5 times any positive basket return, up to maximum return of 41%; par if basket return is between zero and negative 40%; par plus basket return if return is less than negative 40%
|
| Initial share prices: | $55.77 for iShares MSCI EAFE; $41.34 for iShares MSCI Emerging Markets
|
| Pricing date: | Dec. 28
|
| Settlement date: | Dec. 31
|
| Agents: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
|
| Fees: | 2.5%
|
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