Deutsche Bank plans trigger notes linked to S&P Carbon Efficient

By Toni Weeks

San Diego, May 3 - Deutsche Bank AG, London Branch plans to price 0% trigger performance securities due May 19, 2016 linked to the S&P Carbon Efficient index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 105% to 110% of the index return. The exact participation rate will be set at pricing.

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.

The notes (Cusip: 25154W787) are expected to price May 13 and settle May 18.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.

© 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.