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Deutsche Bank amends terms for uncapped BUyS linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Sept. 2 – Deutsche Bank AG, London Branch amended the terms of its upcoming 0% uncapped buffered underlying securities linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes are now expected to price Sept. 30, settle Oct. 3 and mature Oct. 5, 2017. Previously, they were expected to price Aug. 28, settle Sept. 3 and mature Aug. 31, 2017.
In addition, the expected upside leverage factor was changed to between 101% and 110%. It was previously expected to be between 100% and 105%.
The remaining terms are unchanged.
If the index return is positive, the payout at maturity will be par plus the index return multiplied by the upside leverage factor. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that the index declines beyond 20%.
Deutsche Bank Securities Inc. is the agent.
The Cusip number is 25152RKQ5.
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