By Toni Weeks
San Luis Obispo, Calif., June 3 - Deutsche Bank AG, London Branch priced $4.23 million of 0% return enhanced notes due June 3, 2016 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 plus 1.83 times any index gain.
Investors will be fully exposed to any losses.
The ending index level will be the average of the index closing levels on the five trading days ending May 31, 2016.
J.P. Morgan Securities LLC is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Return enhanced notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $4,229,000
|
| Maturity: | June 3, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 183% of any index gain; full exposure to any losses
|
| Initial level: | 2,799.2
|
| Pricing date: | May 30
|
| Settlement date: | June 4
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2%
|
| Cusip: | 25152RDE0
|
© 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.
