Published on 6/27/2013 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $3.17 million accelerated return notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, June 26 - Deutsche Bank AG, London Branch priced $3.17 million of 0% accelerated return securities due Dec. 30, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 150% of any index gain.
Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% trigger level.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
|
Issue: | Accelerated return securities
|
Underlying index: | Euro Stoxx 50
|
Amount: | $3,169,000
|
Maturity: | Dec. 30, 2016
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 150% of any index gain; par if index falls by up to 25% and full exposure to any losses if index finishes below trigger level
|
Initial index level: | 2,543.37
|
Trigger level: | 1,907.53, or 75% of initial level
|
Pricing date: | June 25
|
Settlement date: | June 28
|
Underwriter: | Deutsche Bank Securities Inc.
|
Fees: | 3%
|
Cusip: | 25152RDF7
|
© 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.