Published on 5/4/2015 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $2.3 million uncapped BUyS tied to Euro Stoxx 50
By Marisa Wong
Madison, Wis., May 4 – Deutsche Bank AG, London Branch priced $2.3 million of 0% uncapped buffered underlying securities due Nov. 1, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par any index gain.
Investors will receive par if the index falls by up to 17% and will lose 1% for every 1% decline beyond 17%.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Uncapped buffered underlying securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $2,296,000
|
| Maturity: | Nov. 1, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain; par if index declines by 17% or less; 1% loss per 1% drop beyond 17%
|
| Initial index level: | 3,771.45
|
| Pricing date: | April 27
|
| Settlement date: | April 30
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | 2.5%
|
| Cusip: | 25152RA78
|
|
|
© 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.
