New Issue: Deutsche Bank prices $4.72 million contingent return optimization notes on Russell 2000

By Angela McDaniels

Tacoma, Wash., Jan. 28 - Deutsche Bank AG, London Branch priced $4.72 million of 0% contingent return optimization securities due Jan. 31, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least 75% of the initial index level, the payout at maturity will be par of $10 plus the index return, subject to a minimum return of 10% and a maximum return of 31.64%.

If the final index level is less than 75% of the initial level, investors will be fully exposed to the index decline from the initial level.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Contingent return optimization securities
Underlying index:	Russell 2000
Amount:	$4,717,240
Maturity:	Jan. 31, 2013
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than or equal to trigger level, par plus index return, subject to minimum return of 10% and maximum return of 31.64%; otherwise, par plus index return
Initial index level:	793.72
Trigger level:	595.29, 75% of initial level
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Underwriters:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:	2%
Cusip:	25154P485

© 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.