By Jennifer Chiou
New York, Dec. 7 - Deutsche Bank AG, London Branch priced $782,000 of 0% alpha overlay securities due Dec. 6, 2013 linked to a basket holding the Deutsche Bank Commodity Booster-Dow Jones-UBS-14 TV Index Excess Return and the Deutsche Bank Commodity Harvest-10 Index USD Total Return, according to a 424B2 filing with the Securities and Exchange Commission.
The basket level on any day equals 100 plus the Booster index return on that day and the Harvest index return. The return of each index is reduced by an adjustment factor, which is a flat 0.75% plus 2.5% per year.
The payout at maturity will be par plus the basket return, which could be positive or negative.
The notes will be called if the basket level falls below 40. The payout will be par plus the basket return, which will be determined using the basket level on the second business day following the call trigger date.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Alpha overlay securities
|
| Underlying indexes: | Deutsche Bank Commodity Booster-Dow Jones-UBS-14 TV Index Excess Return and the Deutsche Bank Commodity Harvest-10 Index USD Total Return
|
| Amount: | $782,000
|
| Maturity: | Dec. 6, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus basket return
|
| Call: | At par plus basket return if basket level falls below 40
|
| Basket level: | On any day, 100 plus Booster index return on that day and Harvest index return; return reduced by adjustment factor of 0.75% plus 2.5% per year
|
| Initial index levels: | 326.55 for Booster and 736.7 for Harvest
|
| Pricing date: | Dec. 3
|
| Settlement date: | Dec. 8
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | 0.35%
|
| Cusip: | 2515A1BB6
|
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