E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/5/2015 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $1 million trigger performance notes on MSCI EAFE

By Marisa Wong

Madison, Wis., May 5 – Deutsche Bank AG, London Branch priced $1 million of 0% trigger performance securities due May 6, 2019 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 163% of the index return. Investors will receive par if the index falls by up to 25% and will be fully exposed to losses from the initial level if it falls by more than 25%.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

Issuer:Deutsche Bank AG, London Branch
Issue:Trigger performance securities
Underlying index:MSCI EAFE
Amount:$1 million
Maturity:May 6, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 163% of index return; par if index falls by up to 25%; full exposure to losses from initial level if index falls by more than 25%
Initial level:1,918.40
Trigger level:1,438.80, 75% of initial level
Pricing date:April 30
Settlement date:May 5
Agent:UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:None
Cusip:25190H745

© 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.