E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/8/2010 in the Prospect News Structured Products Daily.

Deutsche Bank plans buffered fixed payment notes on S&P GSCI Crude Oil

By Angela McDaniels

Tacoma, Wash., Sept. 8 - Deutsche Bank AG, London Branch plans to price 0% buffered fixed payment securities due March 15, 2011 linked to the S&P GSCI Crude Oil Index Excess Return, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus 10.7%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

The notes (Cusip: 2515A06W8) are expected to price Sept. 10 and settle Sept. 15.

JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc. are the agents.


© 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.