E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/29/2008 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $3.89 million BUyS linked to Russell 2000

By Susanna Moon

Chicago, Sept. 29 - Deutsche Bank AG, London Branch priced $3.89 million of 0% Buffered Underlying Securities due March 30, 2010 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus double any gain in the index, up to a maximum return of 25%. Investors will receive par if the index declines by 10% or less and will lose 1% for each 1% decline beyond 10%.

Issuer:Deutsche Bank AG, London Branch
Issue:Buffered Underlying Securities
Underlying index:Russell 2000
Amount:$3,894,000
Maturity:March 30, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus twice any gain on the index, capped at 25%; par if index falls by 10% or less; 1% loss for each 1% decline beyond 10%
Initial level:705.74
Pricing date:Sept. 25
Settlement date:Sept. 30
Agents:Deutsche Bank Securities Inc., Deutsche Bank Trust Co. Americas
Fees:None

© 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.