By Angela McDaniels
Tacoma, Wash., Jan. 28 - Deutsche Bank AG, London Branch priced $1.82 million of 0% trigger performance securities due Jan. 29, 2016 linked to the Hang Seng China Enterprises index, according to a 4242 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 107.5% of the index return.
If the index return is between zero and negative 50%, the payout will be par.
If the index return is less than negative 50%, the payout will be par plus the index return.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Trigger performance securities
|
| Underlying index: | Hang Seng China Enterprises index
|
| Amount: | $1,817,100
|
| Maturity: | Jan. 29, 2016
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 107.5% of any index gain; par if index return is between zero and negative 50%; par plus index return if index return is less than negative 50%
|
| Initial index level: | 12,649.97
|
| Pricing date: | Jan. 26
|
| Settlement date: | Jan. 31
|
| Underwriters: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
|
| Fees: | 3.5%
|
| Cusip: | 25154P535
|
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