Published on 4/2/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche prices $341,000 capped leveraged buffered notes on iShares MSCI EM
By Jennifer Chiou
New York, April 2 - Deutsche Bank AG, London Branch priced $341,000 of 0% capped leveraged buffered fund-linked notes due March 31, 2016 tied to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.4 times any fund gain, up to a maximum payment of $1,233.80 per $1,000 principal amount.
Investors will receive par if the fund falls by up to 15% and will lose 1.17647% for every 1% index decline beyond the 15% buffer.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
|
Issue: | Capped leveraged buffered index-linked notes
|
Underlying ETF: | iShares MSCI Emerging Markets ETF
|
Amount: | $341,000
|
Maturity: | March 31, 2016
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 140% of any fund gain, capped at $1,233.80 per $1,000 note; par if fund declines by 15% or less; 1.17647% loss for every 1% drop beyond 15%
|
Initial fund level: | $40.74
|
Pricing date: | March 28
|
Settlement date: | April 4
|
Agent: | Deutsche Bank Securities Inc.
|
Fees: | None
|
Cusip: | 25152RJR5
|
© 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.