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 3/10/2009 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank sells $4.8 million capped BUyS linked to Russell 2000

By Susanna Moon

Chicago, March 10 - Deutsche Bank AG, London Branch priced $4.8 million of 0% capped Buffered Underlying Securities due April 12, 2010 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum return of 21.45%.

Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond 20%.

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 index:Russell 2000 index
Amount:$4.8 million
Maturity:April 12, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus triple any index gain, capped at 21.45%; par if index falls by 20% or less; 1% loss for every 1% decline beyond 20%
Initial index level:351.05
Pricing date:March 6
Settlement date:March 11
Agent:Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
Fees:0.75%

© 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.