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