By Toni Weeks
San Luis Obispo, Calif., Feb. 20 - Deutsche Bank AG, London Branch priced $7.75 million of 0% capped buffered underlying securities due Aug. 20, 2014 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of 15.825%.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Capped buffered underlying securities
|
| Underlying index: | MSCI EAFE
|
| Amount: | $7.75 million
|
| Maturity: | Aug. 20, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any index gain, capped at 15.825%; par if index declines by 20% or less; 1.25% loss per 1% drop beyond 20%
|
| Initial level: | 1,674.57
|
| Pricing date: | Feb. 15
|
| Settlement date: | Feb. 21
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | None
|
| Cusip: | 25152RBS1
|
© 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.
