By Jennifer Chiou
New York, June 6 - Deutsche Bank AG, London Branch revised the amount of its $3.42 million issue of 0% trigger performance securities due May 31, 2016 linked to the S&P 500 index to account for an additional $100 of the securities, according to a 424B filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 123% of the index return.
If the index return is between zero and negative 50%, the payout will be par.
If the index return is less than negative 50%, the payout will be par plus the index return.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Trigger performance securities
|
| Underlying index: | S&P 500
|
| Amount: | $3,416,100
|
| Maturity: | May 31, 2016
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 123% of any index gain; par if index return is between zero and negative 50%; if index return is less than negative 50%, par plus index return
|
| Initial index level: | 1,320.47
|
| Pricing date: | May 25
|
| Settlement date: | May 31
|
| Underwriters: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
|
| Fees: | 3.5%
|
| Cusip: | 25154P295
|
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