Published on 5/19/2015 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $6.25 million capped BUyS linked to index basket
By Marisa Wong
Madison, Wis., May 19 – Deutsche Bank AG, London Branch priced $6.25 million of 0% capped buffered underlying securities due Nov. 20, 2017 linked to a basket of equity indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the Euro Stoxx 50 index with a 58% weight, the FTSE 100 index with a 21% weight and the Nikkei 225 index with a 21% weight.
The payout at maturity will be par plus 1.5 times any basket gain, subject to a maximum return of 35.25%.
Investors will receive par if the basket declines by 15% or less and will lose 1.17647% for every 1% decline beyond 15%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped buffered underlying securities
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Underlying basket: | Euro Stoxx 50 index (58% weight), FTSE 100 index (21% weight) and Nikkei 225 index (21% weight)
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Amount: | $6,248,000
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Maturity: | Nov. 20, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.5 times any basket gain, capped at 35.25%; par if the basket declines by 15% or less; 1.17647% loss for every 1% decline beyond 15%
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Initial levels: | 3,573.07 for Euro Stoxx, 6,960.49 for FTSE, 19,732.92 for Nikkei
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Pricing date: | May 15
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Settlement date: | May 20
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Agent: | Deutsche Bank Securities Inc.
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Fees: | 0.1%
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Cusip: | 25152RF57
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