Deutsche Bank plans to price buffered notes on iShares MSCI EM

By Jennifer Chiou

New York, June 16 – Deutsche Bank AG, London Branch plans to price 0% buffered notes linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 22 to 25 months after pricing.

If the fund return is at least negative 10%, the payout at maturity will be par plus the digital settlement amount of between $1,092.50 and $1,122.50 for each $1,000 principal amount.

Investors will receive par if the fund falls by up to 10% and will lose 1.1111% for every 1% index decline beyond the 10% buffer.

The Cusip is 25152RKY8.

Deutsche Bank Securities Inc. is the agent.

© 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.