Published on 7/30/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $5.19 million buffered performance notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., July 30 – Deutsche Bank AG, London Branch priced $5.19 million of 0% buffered performance securities due July 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes above the initial level, the payout at maturity will be par of $10 plus 141.46% of the index return. Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% that it declines beyond 20%.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
Issuer: | Deutsche Bank AG, London Branch
|
Issue: | Buffered performance securities
|
Underlying index: | Euro Stoxx 50
|
Amount: | $5,187,980
|
Maturity: | July 31, 2019
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | If index finishes above initial level, par plus 141.46% of index return; par if index falls by up to 20%; 1% loss for every 1% that index declines beyond 20%
|
Initial index level: | 3,190.54
|
Pricing date: | July 29
|
Settlement date: | July 31
|
Agents: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
|
Fees: | 3.5%
|
Cusip: | 25155V689
|
© 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.