Deutsche plans to price return enhanced notes linked to S&P 500

By Jennifer Chiou

New York, April 26 - Deutsche Bank AG, London Branch plans to price 0% return enhanced notes due May 16, 2012 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any index gain, up to a maximum return of at least 17.48%. The exact cap will be set at pricing.

Investors will share in losses.

The notes (Cusip: 2515A16C0) are expected to price on April 27 and on settle on April 29.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the 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.