Published on 1/24/2012 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $975,000 capped BUyS tied to fund, index basket
By Susanna Moon
Chicago, Jan. 24 - Deutsche Bank AG, London Branch priced $975,000 of 0% capped buffered underlying securities due Jan. 27, 2015 linked to a basket of equally weighted components, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE index fund.
The payout at maturity will be par plus 1.25 times any basket gain, up to a maximum return of 58%.
Investors will receive par if the basket falls by 20% or less and will lose 1% for every 1% decline beyond 20%.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Capped buffered underlying securities
|
| Underlying basket: | S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE index fund, equally weighted
|
| Amount: | $975,000
|
| Maturity: | Jan. 27, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 125% of any gain, capped at 58%; par if basket falls by 20% or less; 1% loss for every 1% decline beyond 20%
|
| Initial levels: | 1,315.38 for S&P, 784.62 for Russell and $51.93 for EAFE fund
|
| Pricing date: | Jan. 20
|
| Settlement date: | Jan. 27
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | 2.15%
|
| Cusip: | 2515A1G62
|
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