| 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 one-year capped knock-out notes linked to S&P 500
By Susanna Moon
Chicago, March 21 - Deutsche Bank AG, London Branch plans to price 0% capped knock-out notes due April 10, 2013 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
A knock-out event occurs if the index ever closes below the 80% trigger level during the life of the notes.
If a knock-out event does not occur, the payout at maturity will be par plus any index gain, with a contingent minimum return of 6.25%.
If a knock-out event occurs, the payout at maturity will be par plus the index return, with exposure to losses.
In either case, the maximum return will be 15%.
JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.
The notes will price on March 23 and settle on March 28.
The Cusip is 2515A1HP9.
© 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.