By Susanna Moon
Chicago, Dec. 6 - Deutsche Bank AG, London Branch priced $2.5 million of 0% capped buffered due Dec. 13, 2012 linked to Brent crude futures contracts, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the price of Brent crude, up to a maximum return of 23%.
Investors will receive par if the price falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.
JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Capped buffered
|
| Underlying component: | Brent crude futures contracts
|
| Amount: | $2.5 million
|
| Maturity: | Dec. 13, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any price gain, capped at 23%; par if Brent crude price falls by up to 20%; 1.25% loss per 1% drop beyond 20%
|
| Initial price: | $109.81
|
| Pricing date: | Dec. 5
|
| Settlement date: | Dec. 8
|
| Agents: | JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
|
| Fees: | 1%
|
| Cusip: | 2515A1F55
|
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