Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers D > Headlines for Deutsche Bank AG, London Branch > News item |
Deutsche Bank to price capped BUyS tied to S&P 500, S&P MidCap 400
By Marisa Wong
Milwaukee, June 25 - Deutsche Bank AG, London Branch plans to price 0% capped Buffered Underlying Securities due March 14, 2012 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.
The equally weighted basket consists of the S&P 500 index and the S&P MidCap 400 index.
The payout at maturity will be par plus 1.1 times any basket gain, subject to a maximum return of 18.7% to 24.2% that will be set at pricing. Investors will receive par if the basket declines by 11% or less and will be exposed to any decline beyond 11%.
The BUyS are expected to price on July 9 and settle on July 14.
Deutsche Bank Securities Inc. is the agent.
© 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.