Deutsche Bank plans return enhanced notes tied to S&P 500

By Marisa Wong

Madison, Wis., Oct. 15 - Deutsche Bank AG, London Branch plans to price 0% return enhanced notes due Nov. 5, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any index gain, up to a cap of 15.1%.

Investors will be fully exposed to any losses.

The ending index level will be the average of the index closing levels on the five trading days ending Oct. 31, 2014.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.

The notes will price on Oct. 18 and settle on Oct. 23.

The Cusip number is 25152RFA6.

© 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.