| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Deutsche Bank plans absolute return knock-out notes on Euro Stoxx
By Marisa Wong
Morgantown, W.Va., Oct. 15 – Deutsche Bank AG, London Branch plans to price 0% capped absolute return knock-out notes due April 26, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
A knock-out event will occur if the final index level is less than the knock-out level, 82.35% of the initial level.
If the final level is greater than or equal to the initial level, the payout at maturity will be par plus the index return, subject to a maximum return of 17.65%.
If the final level is less than the initial level but a knock-out event has not occurred, the payout will be par plus the absolute value of the index return.
Otherwise, investors will be fully exposed to the index decline.
JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.
The notes will price on Oct. 16 and settle on Oct. 21.
The Cusip number is 25152RS79.
© 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.