Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers D > Headlines for Deutsche Bank Liquid Commodity Index – Mean Reversion Total Return > News item |
Deutsche Bank plans market contribution notes tied to Liquid Commodity
By Angela McDaniels
Tacoma, Wash., July 18 - Deutsche Bank AG, London Branch plans to price 0% market contribution securities due July 27, 2017 linked to the Deutsche Bank Liquid Commodity Index - Mean Reversion Total Return, according to an FWP filing with the Securities and Exchange Commission.
The notes are putable beginning Aug. 5, 2013.
The payout upon redemption or at maturity will be par plus the index return minus an adjustment factor of 2% per year. If the index does not appreciate by 10.01% or more over the term of the securities, investors will receive less than par.
The index is composed of futures contracts on heating oil, crude oil, aluminum, gold, wheat and corn. It systematically adjusts their weighting to assign higher weights to those commodities trading in a lower price range and lower weights to those commodities trading in a higher price range, in each case based on the ratio of their one-year to five-year moving average prices.
The notes are expected to price July 23 and settle July 26.
Deutsche Bank Securities Inc. is the agent.
The Cusip number is 2515A1L41.
© 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.