Published on 9/9/2015 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank sells $15.63 million leveraged notes tied to index basket
By Marisa Wong
Morgantown, W.Va., Sept. 9 – Deutsche Bank AG, London Branch priced $15.63 million of 0% leveraged notes due Sept. 8, 2017 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus 1.478 times any basket gain.
Investors will be fully exposed to losses.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London branch
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Issue: | Leveraged notes
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Underlying indexes: | Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
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Amount: | $15,633,000
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Maturity: | Sept. 8, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 147.8% of any basket gain; full exposure to losses
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Initial levels: | 3,180.25 for Euro Stoxx, 6,042.92 for FTSE, 1,444.53 for Tokyo, 8,652.35 for Swiss and 5,040.603 for S&P/ASX
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Pricing date: | Sept. 4
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Settlement date: | Sept. 14
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Agent: | Deutsche Bank Securities Inc.
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Fees: | 2%
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Cusip: | 25152RN41
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