Published on 11/26/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $4.44 million capped leveraged buffered notes on MSCI EAFE
By Susanna Moon
Chicago, Nov. 26 – Deutsche Bank AG, London Branch priced $4.44 million of 0% capped leveraged buffered index-linked notes due Sept. 22, 2016 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.4 times any index gain, up to a maximum payment of $1,227.50 per $1,000 of notes.
Investors will receive par if the index falls by up to 12.5% and will lose 1.14286% per 1% drop beyond 12.5%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped leveraged buffered index-linked notes
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Underlying index: | MSCI EAFE
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Amount: | $4,441,000
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Maturity: | Sept. 22, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 140% of any index gain, capped at 22.75%; par if index falls by up to 12.5%; 1.14286% loss per 1% decline beyond 12.5%
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Initial level: | 1,831.20
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Buffer level: | 87.5% of initial level
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Pricing date: | Nov. 21
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Settlement date: | Dec. 1
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Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 25152RSY0
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