Published on 1/15/2016 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $4.28 million capped leveraged notes on indexes
By Wendy Van Sickle
Columbus, Ohio, Jan. 15 – Deutsche Bank AG priced $4.28 million of capped leveraged notes due July 18, 2017 linked to basket of five indexes, according to a 424B2 filed with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus double any basket gain, up to a maximum settlement amount of $1,355 per $1,000 principal amount of notes.
Investors will be fully exposed to any decline in the basket.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG
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Issue: | Capped leveraged notes
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Underlying indexes: | Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Tokyo Stock Price (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
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Amount: | $4,277,000
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Maturity: | July 18, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus double any basket gain, up to maximum settlement amount of $1,355 per $1,000 principal amount; full exposure to any basket decline
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Initial levels: | 3,073.02 for Stoxx, 5,960.97 for FTSE, 1,442.09 for Topix, 8,414.83 for Swiss Market and 4,987.44 for S&P/ASX 200
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Pricing date: | Jan. 13
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Settlement date: | Jan. 21
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Agent: | Deutsche Bank Securities Inc.
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Fees: | 1.33%
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Cusip: | 25152RYK3
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