Published on 8/11/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche prices $5 million leveraged notes tied to Euro Stoxx 50 index
By Jennifer Chiou
New York, Aug. 11 – Deutsche Bank AG, London Branch priced $5 million of 0% leveraged index-linked notes due Aug. 11, 2016 tied 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 plus 1.565 times the index gain.
Investors will share in losses.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Leveraged index-linked notes
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Underlying index: | Euro Stoxx 50
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Amount: | $5 million
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Maturity: | Aug. 11, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 156.5% of index gain; exposure to losses
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Initial level: | 3,012.88
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Pricing date: | Aug. 7
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Settlement date: | Aug. 14
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Agent: | Deutsche Bank Securities Inc.
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Fees: | 2%
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Cusip: | 25152RND1
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