Published on 5/10/2010 in the Prospect News Structured Products Daily.
New Issue: Deutsche prices $5.81 million enhanced participation notes on iShares MSCI EM fund
By Jennifer Chiou
New York, May 10 - Deutsche Bank AG, London Branch priced $5.81 million of 0% enhanced participation securities due May 11, 2012 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 130% of any gain in the fund, up to a maximum payment of $611 per $1,000 note.
Investors will share in losses.
Deutsche Bank Securities is the underwriter.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Enhanced participation securities
|
| Underlying fund: | iShares MSCI Emerging Markets index fund
|
| Amount: | $5,805,000
|
| Maturity: | May 11, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 130% of any fund gain, capped at 61.1%; investors share in losses
|
| Initial level: | $37.99
|
| Pricing date: | May 6
|
| Settlement date: | May 11
|
| Underwriter: | Deutsche Bank Securities
|
| Fees: | 0.75%
|
| Cusip: | 2515A03X9
|
© 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.
