Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Deutsche Bank plans trigger return optimization notes on Euro Stoxx
By Susanna Moon
Chicago, April 10 – Deutsche Bank AG, London Branch plans to price 0% trigger return optimization securities due Oct. 31, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 1.5 times any index gain, up to a maximum return of 44% to 50%. The exact cap will be set at pricing.
If the index falls by up to the trigger level, 75% of the initial index level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
Deutsche Bank Securities Inc. and UBS Financial Services Inc. are the agents.
The notes will price on April 28 and settle on April 30.
The Cusip number is 25190G622.
© 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.