Published on 5/18/2010 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank sells $5.95 million market contribution notes on DB Liquid Commodity
By Susanna Moon
Chicago, May 18 - Deutsche Bank AG, London Branch priced $5.95 million of 0% market contribution securities due May 17, 2013 based on the performance of 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 minus an adjustment factor of 2% per year. Investors will be exposed to any losses.
The notes are putable on May 31, 2011 and May 29, 2012.
Deutsche Bank Securities Inc. is the agent.
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: | $5,954,000
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Maturity: | May 17, 2013
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Coupon: | 0%
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Price: | Par of $10,000
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Payout at maturity: | Par plus index return minus adjustment factor of 2% per year; exposure to losses
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Put option: | On May 31, 2011 and May 29, 2012
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Initial level: | 939.4310
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Pricing date: | May 14
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Settlement date: | May 19
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Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 2515A03N1
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