Published on 4/22/2015 in the Prospect News Structured Products Daily.
New Issue: Deutsche prices $4.55 million capped leveraged buffered notes linked to MSCI EAFE
By Toni Weeks
San Luis Obispo, Calif., April 22 – Deutsche Bank AG, London Branch priced $4.55 million of 0% capped leveraged buffered notes due April 21, 2017 linked 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 $1,240.80 per $1,000 principal amount.
Investors will receive par if the index falls by up to 12.5% and will lose 1.14286% for every 1% decline beyond 12.5%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped leveraged buffered notes
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Underlying index: | MSCI EAFE
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Amount: | $4,553,000
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Maturity: | April 21, 2017
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Coupon: | 0%
|
Price: | Par
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Payout at maturity: | Par plus 140% of any index gain, capped at 24.08%; par if index declines by 12.5% or less; 1.14286% loss for every 1% drop beyond 12.5%
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Initial level: | 1,896.06
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Barrier level: | 87.5% of initial level
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Pricing date: | April 17
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Settlement date: | April 24
|
Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 25152RC68
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