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 1/17/2012 in the Prospect News Structured Products Daily.

Deutsche Bank to price digital payment notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Jan. 17 - Deutsche Bank AG, London Branch plans to price 0% digital payment securities due 2013 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the digital return if the final index level is greater than or equal to the barrier level, which will be 70% of the initial level. The digital return is expected to be 10% to 13% and will be set at pricing.

If the final index level is less than the barrier level, investors will be fully exposed to the index decline from the initial level.

Deutsche Bank Securities Inc. is the agent.

The Cusip number is 2515A1GH8.


© 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.