Published on 3/10/2015 in the Prospect News Structured Products Daily.
New Issue: Deutsche prices $5.48 million capped leveraged buffered notes linked to MSCI EAFE
By Toni Weeks
San Luis Obispo, Calif., March 10 – Deutsche Bank AG, London Branch priced $5.48 million of 0% capped leveraged buffered notes due March 9, 2017 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,249 per $1,000 principal amount of notes.
Investors will receive par if the index falls by up to 12.5% and will lose 1.14286% for every 1% decline beyond 12.5%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped leveraged buffered notes
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Underlying index: | MSCI EAFE
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Amount: | $5,482,000
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Maturity: | March 9, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of any index gain, capped at 24.9%; par if index declines by 12.5% or less; 1.14286% loss for every 1% drop beyond 12.5%
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Initial level: | 1,848.59
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Barrier level: | 87.5% of initial level
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Pricing date: | March 6
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Settlement date: | March 13
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Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 2515A1MK4
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