Deutsche Bank plans trigger enhanced notes on Stoxx Europe Low Beta

By Susanna Moon

Chicago, Oct. 14 – Deutsche Bank AG, London Branch plans to price 0% trigger enhanced participation securities due Nov. 2, 2017 linked to the Stoxx Europe Low Beta High Div 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 145% to 165% of any index gain, with the exact participation rate to be set at pricing.

If the index falls by up to the 75% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Deutsche Bank Securities Inc. is the agent.

The notes will price on Oct. 28 and settle on Oct. 31.

The Cusip number is 25152RRP0.

© 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.