Deutsche plans three-year capped BUyS tied to index, fund basket

By Susanna Moon

Chicago, Dec. 6 - Deutsche Bank AG, London Branch plans to price 0% capped buffered underlying securities due Dec. 30, 2014 linked to a basket of two indexes and a fund, each weighted at one-third, according to an FWP with the Securities and Exchange Commission.

The underlying components are the S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE index fund.

The payout at maturity will be par plus 1.25 times any basket gain, up to a maximum return of 50% to 55%. The exact cap will be set at pricing.

Investors will receive par if the basket falls by 20% or less and will lose 1% for every 1% decline beyond 20%.

Deutsche Bank Securities Inc. is the agent.

The notes will price on Dec. 23 and settle on Dec. 30.

The Cusip is 2515A1F63.

© 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.