Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers D > Headlines for Deutsche Bank AG, London Branch > News item |
Deutsche Bank plans to price uncapped BUyS linked to S&P 500
By Marisa Wong
Madison, Wis., Aug. 1 – Deutsche Bank AG, London Branch plans to price 0% uncapped buffered underlying securities due Aug. 31, 2018 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.15 to 1.25 times any gain in the index, with the exact participation to be set at pricing.
Investors will receive par if the index falls by up to 15% and will lose 1.17647% for every 1% decline beyond 15%.
Deutsche Bank Securities Inc. is the agent.
The notes will price on Aug. 28 and settle on Sept. 3.
The Cusip number is 25152RKR3.
© 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.