Published on 7/31/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $4.84 million trigger performance notes tied to Euro Stoxx 50
By Susanna Moon
Chicago, July 31 – Deutsche Bank AG, London Branch priced $4.84 million of 0% trigger performance securities due July 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 163.65% of any index gain.
Investors will receive par if the index falls by 40% or less and will be fully exposed to any losses if the index finishes below the 60% trigger level.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Trigger performance securities
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Underlying index: | Euro Stoxx 50
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Amount: | $4,835,500
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Maturity: | July 31, 2019
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 163.65% of any index gain; par if index falls by 40% or less; full exposure to losses if index finishes below trigger level
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Initial index level: | 3,190.54
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Trigger level: | 1,914.32, 60% of initial level
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Pricing date: | July 29
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Settlement date: | July 31
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Agents: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
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Fees: | 3.5%
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Cusip: | 25155V630
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