By Susanna Moon
Chicago, March 30 - Deutsche Bank AG priced $7.98 million of 0% return optimization securities with contingent protection due March 28, 2013 based on the performance of two international funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the iShares MSCI EAFE index fund with a 70% weight and the iShares MSCI Emerging Markets index fund with a 30% weight.
The payout at maturity will be par of $10 plus 1.5 times any basket gain, up to a maximum gain of 40%.
Investors will receive par if the basket falls by up to 30% and will be fully exposed to the basket decline if it falls beyond the buffer.
UBS Financial Services Inc. and Deutsche Bank Securities are the underwriters.
| Issuer: | Deutsche Bank AG
|
| Issue: | Return optimization securities with contingent protection
|
| Underlying index: | iShares MSCI EAFE index fund (70% weight) and iShares MSCI Emerging Markets index fund (30% weight)
|
| Amount: | $7,975,470
|
| Maturity: | March 28, 2013
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 150% of any basket gain, capped at 40%; full exposure to losses if basket declines beyond 30%
|
| Initial levels: | $55.51 for MSCI EAFE; $41.12 for MSCI Emerging Markets
|
| Pricing date: | March 26
|
| Settlement date: | March 31
|
| Underwriters: | UBS Financial Services Inc. and Deutsche Bank Securities
|
| Fees: | 2.5%
|
| Cusip: | 25154N712
|
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