Deutsche Bank plans alpha overlay securities tied to two indexes

By Angela McDaniels

Tacoma, Wash., Feb. 16 - Deutsche Bank AG, London Branch plans to price 0% alpha overlay securities due April 16, 2012 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 an FWP filing with the Securities and Exchange Commission.

The basket level on any day equals 100 plus the index returns on that day and minus the adjustment factor, which is a flat 0.75% plus an additional 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 unadjusted basket level - the basket level before the application of the adjustment factor - falls below 40. Investors will receive par plus the basket return calculated on the day after the call is triggered.

The notes (Cusip: 2515A14H1) are expected to price March 11 and settle March 16.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.

© 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.