E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/12/2013 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $2.67 million capped BUyS linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Nov. 12 - Deutsche Bank AG, London Branch priced $2.67 million of 0% uncapped buffered underlying securities due Nov. 14, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.372 times any gain in the index.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Deutsche Bank Securities Inc. is the agent.

Issuer:Deutsche Bank AG, London Branch
Issue:Uncapped buffered underlying securities
Underlying index:Euro Stoxx 50
Amount:$2,670,800
Maturity:Nov. 14, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 137.20% of any index gain; par if index declines by 10% or less; 1.1111% loss per 1% drop beyond 10%
Initial level:3,034.91
Pricing date:Nov. 8
Settlement date:Nov. 14
Agent:Deutsche Bank Securities Inc.
Fees:None
Cusip:25152RFK4

© 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.