E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/8/2014 in the Prospect News Structured Products Daily.

Deutsche Bank plans three-year call warrants linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., Oct. 8 – Deutsche Bank AG, London Branch plans to price call warrants expiring Oct. 13, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The minimum initial investment will be $9,919, or 91 warrants, each with a notional amount of $1,000, resulting in an aggregate minimum notional amount of $91,000.

The warrant premium will be $109 per warrant, or 10.9% of the notional amount.

The warrants will be exercised on the expiration date if the index finishes above its initial level and the payout at maturity will be par plus the return.

If the index falls, the warrants will expire worthless.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

The warrants will price on Oct. 10 and settle on Oct. 16.

The Cusip number is 25157U515.


© 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.