Published on 11/21/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $7.89 million capped BUyS linked to MSCI EAFE
By Toni Weeks
San Luis Obispo, Calif., Nov. 21 – Deutsche Bank AG, London Branch priced $7.89 million of 0% capped buffered underlying securities due May 23, 2019 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 159.355% of the index return, subject to a maximum return of 79.678%.
Investors will receive par if the index falls by 25% or less and will lose 1.3333% for every 1% that it declines beyond 25%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped buffered underlying securities
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Underlying index: | MSCI EAFE
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Amount: | $7,888,000
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Maturity: | May 23, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 159.355% of any index gain, with maximum return of 79.678%; par if index declines by 25% or less; 1.3333% loss per 1% drop beyond 25%
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Initial index level: | 1,820.89
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Pricing date: | Nov. 19
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Settlement date: | Nov. 21
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Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 25152RSB0
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