Published on 3/30/2009 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank sells $6.15 million return optimization notes linked to S&P 500 via UBS
By E. Janene Geiss
Philadelphia, March 30 - Deutsche Bank AG, London Branch priced a $6.15 million issue of 0% return optimization securities due March 28, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
Payout at maturity will be par of $10 plus double any gain on the index, up to a maximum return of 110% of par.
Investors are fully exposed to any index decline.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Return optimization securities
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Underlying index: | S&P 500
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Amount: | $6,154,100
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Maturity: | March 28, 2013
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus double any index gain, capped at 110% of par; full exposure to any losses
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Initial index level: | 832.86
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Pricing date: | March 26
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Settlement date: | March 31
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Agents: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
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Fees: | 0.3%
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