Published on 9/4/2013 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $29.32 million Accelerated Return Notes linked to Russell 2000
By Susanna Moon
Chicago, Sept. 4 - Deutsche Bank AG, London Branch priced $29.32 million of 0% Accelerated Return Notes due Oct. 31, 2014 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 300% of any index gain, up to a maximum return of 15.39%.
Investors will be exposed to any losses.
BofA Merrill Lynch is the underwriter.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Accelerated Return Notes
|
| Underlying index: | Russell 2000
|
| Amount: | $29,318,630
|
| Maturity: | Oct. 31, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain, capped at 15.39%; exposure to any losses
|
| Initial index level: | 1,026.94
|
| Pricing date: | Aug. 29
|
| Settlement date: | Sept. 6
|
| Underwriters: | BofA Merrill Lynch
|
| Fees: | 2%
|
| Cusip: | 25155L830
|
© 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.
