Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Baker Hughes Inc. > News item |
Deutsche Bank plans trigger autocallables linked to Baker Hughes
By Jennifer Chiou
New York, July 19 - Deutsche Bank AG, London Branch plans to price 0% trigger autocallable optimization securities due July 26, 2012 linked to Baker Hughes Inc. shares, according to an FWP with the Securities and Exchange Commission.
The notes will be automatically called at par of $10 plus an annualized call return of 22.5% to 26.5% if Baker Hughes shares close at or above the initial share price on any of 12 monthly observation dates.
The payout at maturity will be par if Baker Hughes shares finish at or above 75% of the initial share price. Otherwise, the payout will be par plus the stock return, with exposure to losses.
The notes (Cusip: 25154W373) are expected to price on July 22 and settle on July 27.
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.