New Issue: Deutsche Bank prices $2.64 million contingent fixed payment notes tied to iShares MSCI EM

By Angela McDaniels

Tacoma, Wash., Dec. 15 - Deutsche Bank AG, London Branch priced $2.64 million of 0% buffered contingent fixed payment securities due June 17, 2013 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the exchange-traded fund's final share price is greater than or equal to the initial share price, the payout at maturity will be par plus 24.7%. Investors will receive par if the share price declines by 20% or less and will lose 1.25% for every 1% that the share price declines beyond 20%.

Deutsche Bank Securities Inc. is the underwriter.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Buffered contingent fixed payment securities
Underlying ETF:	iShares MSCI Emerging Markets index fund
Amount:	$2,638,000
Maturity:	June 17, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF's final share price is greater than or equal to initial share price, par plus 24.7%; par if share price declines by 20% or less; 1.25% loss for every 1% that share price declines beyond 20%
Initial share price:	$39.37
Pricing date:	Dec. 13
Settlement date:	Dec. 16
Underwriter:	Deutsche Bank Securities Inc.
Fees:	0.05%
Cusip:	2515A1FC0

© 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.