E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/17/2013 in the Prospect News Structured Products Daily.

Deutsche Bank plans trigger autocallable notes linked to CME Group

By Susanna Moon

Chicago, Sept. 17 - Deutsche Bank AG, London Branch plans to price 0% trigger autocallable optimization securities due Sept. 26, 2018 linked to CME Group Inc. shares, according to an FWP filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus a call return of 9% per year if the stock closes at or above the initial share price on any quarterly observation date after one year.

The payout at maturity will be par unless the shares finish below the 60% to 65% trigger level, in which case investors will be fully exposed to any losses. The exact trigger level will be set at pricing.

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

The notes will price on Sept. 20 and settle on Sept. 25.

The Cusip number is 25155L368.


© 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.