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 11/30/2006 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $15.37 million double opportunity notes linked to S&P 500

By Jennifer Chiou

New York, Nov. 30 - Deutsche Bank AG priced a $15.37 million issue of 0% double opportunity notes due Jan. 7, 2008 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

At maturity, investors will receive par plus double any index gain, capped at 14%. Investors will share in any losses.

Deutsche Bank Securities and Deutsche Bank Trust Co. Americas are the underwriters.

Issuer:Deutsche Bank AG
Issue:Double opportunity notes
Underlying index:S&P 500
Amount:$15.37 million
Maturity:Jan. 7, 2008
Coupon:0%
Payout at maturity:Par plus double any index return, capped at 14%; full participation in any losses
Initial index level:1,386.72
Pricing date:Nov. 28
Settlement date:Nov. 30
Underwriters:Deutsche Bank Securities, Deutsche Bank Trust Co. Americas
Fees:1%

© 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.