Published on 5/30/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $3.67 million return optimization notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., May 30 - Deutsche Bank AG, London Branch priced $3.67 million of 0% return optimization securities due July 31, 2015 linked to the Euro Stoxx 50 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 300% of the index return, subject to a maximum return of 15.55%. If the index return is negative, investors will be fully exposed to the decline.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Return optimization securities
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Underlying index: | Euro Stoxx 50
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Amount: | $3,666,200
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Maturity: | July 31, 2015
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 300% of any index gain, up to 15.55% maximum return; exposure to any index decline
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Initial index level: | 3,246.24
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Pricing date: | May 28
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Settlement date: | May 30
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Agents: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
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Fees: | 2%
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Cusip: | 25155Q359
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