By E. Janene Geiss
Philadelphia, Aug. 28 - Deutsche Bank AG, London Branch priced $499,000 of 0% capped Buffered Underlying Securities due Aug. 31, 2012 linked to a basket with two iShares index funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of equal weights of the iShares MSCI EAFE index fund and the iShares MSCI Emerging Markets index fund.
The payout at maturity will be par plus 110% of any basket gain, up to a maximum return of 52.8%.
Investors will receive par if the basket falls by up to 15% and will lose 1% for each 1% decline beyond 15%.
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: | iShares MSCI EAFE index fund, iShares MSCI Emerging Markets index fund
|
| Amount: | $499,000
|
| Maturity: | Aug. 31, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 110% of any basket gain, capped at 52.8%; par if the basket falls by 15% or less; 1% loss for every 1% decline beyond 15%
|
| Initial fund levels: | 52.64 for iShares MSCI EAFE; 36.26 for iShares MSCI Emerging Markets
|
| Pricing date: | Aug. 26
|
| Settlement date: | Aug. 31
|
| Agents: | 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.
