| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers D > Headlines for Deutsche Bank AG, London Branch > News item |
Deutsche plans trigger performance securities linked to S&P 500
By Jennifer Chiou
New York, Dec. 3 – Deutsche Bank AG, London Branch plans to price 0% trigger performance securities due Dec. 31, 2019 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 130% to 140% of the index return. The exact participation rate will be set at pricing.
If the index return is zero or negative and the final level is greater than or equal to the trigger level, 75% of the initial level, the payout will be par.
If the final level is less than the trigger level, investors will be fully exposed to the decline in the index from its initial level.
The notes (Cusip: 25190A682) will price on Dec. 26 and settle on Dec. 31.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
© 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.