By Jennifer Chiou
New York, Aug. 4 – Deutsche Bank AG, London Branch priced $8.78 million of 0% capped buffered underlying securities due July 7, 2016 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.25 times any gain in the fund, capped at 20.375%.
Investors will receive par if the fund falls by up to 15% and will lose 1.17647% for every 1% decline beyond 15%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped buffered underlying securities
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Underlying fund: | iShares MSCI EAFE exchange-traded fund
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Amount: | $8.78 million
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Maturity: | July 7, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.25 times any fund gain, capped at 20.375%; par if fund falls by up to 15%; 1.17647% loss for every 1% decline beyond 15%
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Initial price: | $43.90
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Pricing date: | July 31
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Settlement date: | Aug. 5
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Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 25152RNG4
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