New Issue: Deutsche Bank prices $1.11 million 8.8% trigger yield optimization notes on Whole Foods

By Susanna Moon

Chicago, July 16 - Deutsche Bank AG, London Branch priced $1.11 million of 8.8% trigger yield optimization notes due July 18, 2013 linked to Whole Foods Market, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The face amount of each note will be equal to the initial price of Whole Foods stock.

The payout at maturity will be par unless the final price of Whole Foods stock is less than 75% of the initial share price, in which case investors will receive one Whole Foods share per note.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Whole Foods Market, Inc. (Nasdaq: WFM)
Amount:	$1,110,219
Maturity:	July 18, 2013
Coupon:	8.8%, payable monthly
Price:	Par of $93.50
Payout at maturity:	If final share price is less than trigger price, one Whole Foods share; otherwise, par
Initial share price:	$93.50
Trigger price:	$70.13, 75% of initial price
Pricing date:	July 12
Settlement date:	July 17
Agents:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:	2%
Cusip:	25154X595

© 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.