New Issue: Deutsche prices $8.95 million 8% trigger yield optimization notes linked to Monsanto

By Jennifer Chiou

New York, May 31 - Deutsche Bank AG, London Branch priced $8.95 million of 8% trigger yield optimization notes due May 31, 2012 linked to Monsanto Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The notes have a face value of $69.42 each, which is equal to the initial share price of Monsanto.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Monsanto stock is less than 80% of the initial share price, in which case the payout will be one share of Monsanto stock per note.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Monsanto Co. (Symbol: MON)
Amount:	$8,947,960.32
Maturity:	May 31, 2012
Coupon:	8%, payable monthly
Price:	Par of $69.42
Payout at maturity:	If final price of Monsanto stock is less than trigger price, one Monsanto share; otherwise, par
Initial share price:	$69.42
Trigger price	$55.536, 80% of initial price
Pricing date:	May 26
Settlement date:	May 31
Underwriters:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:	2%
Cusip:	25154W613

© 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.