Published on 11/9/2010 in the Prospect News Structured Products Daily.
New Issue: Deutsche prices $9.31 million market contribution securities on DB Liquid Commodity
By Jennifer Chiou
New York, Nov. 9 - Deutsche Bank AG, London Branch priced $9.31 million of 0% market contribution securities due Dec. 8, 2011 linked to the Deutsche Bank Liquid Commodity Index-Mean Reversion Plus Total Return, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10,000 plus the index return, which could be positive or negative, minus an adjustment factor of about 2% per year.
If the index does not appreciate by 2.16% or more, investors will lose some or all of their initial investment.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Market contribution securities
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Underlying index: | Deutsche Bank Liquid Commodity Index-Mean Reversion Plus Total Return
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Amount: | $9,306,000
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Maturity: | Dec. 8, 2011
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Coupon: | 0%
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Price: | Par of $10,000
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Payout at maturity: | Par plus the index return minus an adjustment factor of 2% per year
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Initial index level: | 1,029.324
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Pricing date: | Nov. 5
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Settlement date: | Nov. 10
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Agents: | Deutsche Bank Securities Inc., Deutsche Bank Trust Co. Americas
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Fees: | None
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Cusip: | 2515A1AW1
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