| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers D > Headlines for Deutsche Bank AG, London Branch > News item |
Deutsche Bank plans contingent return optimization notes on S&P 500
By Toni Weeks
San Diego, Feb. 17 - Deutsche Bank AG, London Branch plans to price 0% contingent return optimization securities due Feb. 28, 2013 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
If the final index level is at least 80% of the initial index level, the payout at maturity will be par of $10 plus the index return, subject to a minimum return of 6% and a maximum return of 17% to 21%. The exact cap will be set at pricing.
If the final index level is less than 80% of the initial level, investors will be fully exposed to the index decline.
The securities (Cusip: 25154P352) will price on Feb. 23 and settle on Feb. 28.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. will act as 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.