New Issue: Deutsche Bank sells $1.68 million uncapped BUyS on EAFE, Stoxx basket

By Marisa Wong

Morgantown, W.Va., Feb. 15 – Deutsche Bank AG, London Branch priced $1.68 million of 0% uncapped buffered underlying securities due Feb. 5, 2021 linked to an equally weighted basket of the iShares MSCI EAFE exchange traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 179% of any basket gain.

Investors will receive par if the basket falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Deutsche Bank Securities Inc. is the agent.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Uncapped buffered underlying securities
Underlying basket:	iShares MSCI EAFE ETF and Euro Stoxx 50 index; equally weighted
Amount:	$1.68 million
Maturity:	Feb. 5, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 179% of any basket gain; par if basket declines by 10% or less; 1% loss per 1% drop beyond 10%
Initial levels:	$72.55 for EAFE ETF, 3,523.28 for Euro Stoxx
Pricing date:	Feb. 2
Settlement date:	Feb. 7
Agent:	Deutsche Bank Securities Inc.
Fees:	1%
Cusip:	25155MHZ7

© 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.