By Angela McDaniels
Tacoma, Wash., June 30 - Deutsche Bank AG, London Branch priced $13 million of floating-rate market contribution securities due Aug. 1, 2012 linked to the Dow Jones - UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate is one-month Libor minus 15 basis points, payable monthly.
The payout at maturity will be par plus the sum of three times the index return minus the adjustment factor, which is 0.24% per year.
The notes are putable, subject to a minimum of $1 million principal amount if a holder puts back only a portion of the notes held. The notes are callable at any time, and they will be automatically redeemed if the index declines by 15% or more.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Market contribution securities
|
| Underlying index: | Dow Jones - UBS Commodity index
|
| Amount: | $13 million
|
| Maturity: | Aug. 1, 2012
|
| Coupon: | One-month Libor minus 15 bps, payable monthly
|
| Price: | Par
|
| Payout at maturity: | Par plus sum of three times the index return minus the adjustment factor, which is 0.24% per year
|
| Put option: | At any time
|
| Call: | Optional at any time; automatic redemption if index declines by 15% or more
|
| Initial index level: | 157.2128
|
| Pricing date: | June 28
|
| Settlement date: | July 1
|
| Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
|
| Fees: | None
|
| Cusip: | 2515A18L8
|
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