Published on 4/13/2009 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $9.25 million capped BUyS linked to S&P 500
By Susanna Moon
Chicago, April 13 - Deutsche Bank AG, London Branch priced $9.25 million of 0% capped Buffered Underlying Securities due May 17, 2010 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any index gain, up to a maximum return of 22.8%.
Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
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
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Amount: | $9,254,000
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Maturity: | May 17, 2010
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus double any index gain, capped at 22.8%; par if index falls by 10% or less; 1% loss for every 1% decline beyond 10%
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Initial index level: | 856.56
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Pricing date: | April 9
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Settlement date: | April 15
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Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
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Fees: | 0.75%
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