Published on 8/12/2011 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $5.59 million capped BUyS linked to S&P 500, ETFs
By Angela McDaniels
Tacoma, Wash., Aug. 12 - Deutsche Bank AG, London Branch priced $5.59 million of 0% capped buffered underlying securities due Feb. 18, 2015 linked to an equity basket, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the S&P 500 index with a 70% weight, the iShares MSCI EAFE index fund with a 15% weight, the SPDR S&P MidCap 400 ETF Trust with an 8% weight, the iShares MSCI Emerging Markets index fund with a 4% weight and the iShares Russell 2000 index fund with a 3% weight.
The payout at maturity will be par plus 140% of any basket gain, subject to a maximum return of 49.756%. Investors will receive par if the basket declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Capped buffered underlying securities
|
| Underlying basket: | S&P 500 index (70% weight), iShares MSCI EAFE index fund (15% weight), SPDR S&P MidCap 400 ETF Trust (8% weight), iShares MSCI Emerging Markets index fund (4% weight) and iShares Russell 2000 index fund (3% weight)
|
| Amount: | $5,591,000
|
| Maturity: | Feb. 20, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 140% of any basket gain, up to maximum return of 49.756%; par if basket declines by 20% or less; 1% loss for every 1% that basket declines beyond 20%
|
| Initial levels: | 1,120.76 for S&P 500; $49.89 for MSCI EAFE ETF; $144.78 for midcap trust; $39.13 for emerging markets ETF; $66.02 for Russell 2000 fund
|
| Pricing date: | Aug. 10
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| Settlement date: | Aug. 15
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | None
|
| Cusip: | 2515A1AB7
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