By Angela McDaniels
Tacoma, Wash., Sept. 14 - Deutsche Bank AG, London Branch priced $4.83 million of 0% return enhanced securities due Sept. 15, 2015 linked to the Deutsche Bank Commodity Booster - Dow Jones - UBS 14 TV Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 138% of any index gain. Investors will be exposed to any index decline.
The index seeks to achieve a 14% target volatility level in the Deutsche Bank Commodity Booster - Dow Jones - UBS index based on the realized volatility of the base index over a defined period. The base index represents a long commodity exposure and seeks to outperform the Dow Jones - UBS Commodity index by selecting constituent commodity futures contracts using the futures contract rolling methodology of the Deutsche Bank Liquid Commodity Index - Optimum Yield.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Return enhanced securities
|
| Underlying index: | Deutsche Bank Commodity Booster - Dow Jones - UBS 14 TV Index Excess Return
|
| Amount: | $4,832,000
|
| Maturity: | Sept. 15, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 138% of any index gain; exposure to any index decline
|
| Initial index level: | 290.06
|
| Pricing date: | Sept. 10
|
| Settlement date: | Sept. 15
|
| Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
|
| Fees: | 2.5%
|
| Cusip: | 2515A06L2
|
© 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.
