Published on 2/10/2011 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank sells $1.8 million participation notes on funds, indexes
By Susanna Moon
Chicago, Feb. 10 - Deutsche Bank AG, London Branch priced $1.8 million of 0% participation securities due Feb. 15, 2012 based on a basket of two funds and three indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index with a 53% weight, iShares MSCI EAFE index fund with a 23% weight, S&P MidCap 400 index with a 8% weight, Russell 2000 index with a 8% weight and the iShares MSCI Emerging Markets index fund with a 8% weight.
The payout at maturity will be par plus double any basket gain, up to a maximum return of 16.1%.
Investors will be exposed to any declines.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Participation securities
|
| Underlying basket: | S&P 500 index (53% weight), iShares MSCI EAFE index fund (23% weight), S&P MidCap 400 index (8% weight), Russell 2000 index (8% weight) and the iShares MSCI Emerging Markets index fund (8% weight)
|
| Amount: | $1.8 million
|
| Maturity: | Feb. 15, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any basket gain, capped at 16.1%; exposure to any losses
|
| Initial levels: | 1,324.57 for S&P 500, $61.38 for MSCI EAFE, 957.67 for S&P MidCap, 813.69 for Russell and $46.59 for MSCI Emerging Markets
|
| Pricing date: | Feb. 8
|
| Settlement date: | Feb. 11
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | 0.75%
|
| Cusip: | 2515A13U3
|
© 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.
