Deutsche Bank to price 0% BUyS linked to index basket

By Susanna Moon

Chicago, July 8 - Deutsche Bank AG, London Branch plans to price 0% Buffered Underlying Securities due July 23, 2013 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of the MSCI EAFE index with a 65% weight, the MSCI Emerging Markets index with a 25% weight and the Deutsche Bank Balanced Currency Harvest index with a 10% weight.

Payout at maturity will be par plus between 120% and 134% of any gain on the basket, with the exact participation rate to be set at pricing.

If the basket falls by up to 20%, the payout will be par. Investors will lose 1% for every 1% drop beyond 20%.

The notes are expected to price on July 18 and settle on July 23.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas will be the agents.

© 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.